Velan Inc. (TSE:VLN – Get Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$15.04 and traded as low as C$14.53. Velan shares last traded at C$14.67, with a volume of 1,416 shares traded.
Velan Trading Down 1.1%
The stock has a market cap of C$215.73 million, a price-to-earnings ratio of -3.39 and a beta of 0.77. The business’s fifty day simple moving average is C$15.10 and its 200 day simple moving average is C$15.04. The company has a debt-to-equity ratio of 21.78, a current ratio of 1.34 and a quick ratio of 1.11.
Velan Company Profile
Velan Inc is an international manufacturer of industrial valves. It offers products such as Gate valves, check valves, cryogenic, steam traps, and others, which are used in various industries including power generation, oil, and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding.
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