Velan (VLN) Stock Price, News & Analysis

Company Overview

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. It also provides cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, ball, and cryogenic control valves; cast and small forged hydrofluoric acid valves; bimetallic and thermodynamic steam traps; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater industries. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. operates as a subsidiary of Velan Holding Co. Ltd.

Key Stats

• Today's Range: C$17.00 to C$18.00
• 50-Day Range: C$10.35 to C$17.35
• 52-Week Range: C$5.05 to C$18.00
• Volume: 52,527 shs
• Average Volume: 78,686 shs
• Market Capitalization: C$102.64 million
• P/E Ratio: N/A
• Dividend Yield: 0.70%
• Price Target: N/A
• Consensus Rating: N/A

VLN Stock Analysis - Frequently Asked Questions

How have VLN shares performed this year?

Velan's stock was trading at C$10.80 at the beginning of the year. Since then, VLN shares have increased by 57.9% and is now trading at C$17.05.
View the best growth stocks for 2025 here.

How do I buy shares of Velan?

Shares of VLN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Velan own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Velan investors own include Nutrien (NTR), Alamos Gold (AGI), Bristol-Myers Squibb (BMY), Ero Copper (ERO), Manulife Financial (MFC), Merck & Co., Inc. (MRK) and PayPal (PYPL).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: Electronic Equipment
• Current Symbol: TSE:VLN
• CUSIP: N/A
• CIK: N/A
• Web: www.velan.com
• Phone: +1-514-7487743
• Fax: N/A
• Employees: 310
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C($0.80)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-10,320,000.00
• Net Margins: -2.75%
• Pretax Margin: N/A
• Return on Equity: -5.57%
• Return on Assets: 2.30%

Debt

• Debt-to-Equity Ratio: 21.02
• Current Ratio: 2.55
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: C$374.99 million
• Price / Sales: 0.27
• Cash Flow: C$6.97 per share
• Price / Cash Flow: 2.45
• Book Value: C$8.41 per share
• Price / Book: 2.03

Miscellaneous

• Outstanding Shares: 6,020,000
• Free Float: N/A
• Market Cap: C$102.64 million
• Optionable: Not Optionable
• Beta: 0.77