Velan Inc. (TSE:VLN - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$18.00 and last traded at C$17.73, with a volume of 36266 shares changing hands. The stock had previously closed at C$17.35.
Velan Price Performance
The stock has a fifty day moving average of C$11.47 and a two-hundred day moving average of C$9.03. The company has a current ratio of 2.55, a quick ratio of 1.11 and a debt-to-equity ratio of 21.02. The stock has a market capitalization of C$102.64 million, a price-to-earnings ratio of -21.31 and a beta of 0.77.
Velan Company Profile
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Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.
Further Reading
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