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TSE:VLN

Velan (VLN) Stock Price, News & Analysis

Velan logo
C$17.12 +0.07 (+0.41%)
As of 03:59 PM Eastern

About Velan Stock (TSE:VLN)

Key Stats

Today's Range
C$17.07
C$17.68
50-Day Range
C$10.35
C$17.35
52-Week Range
C$5.05
C$18.00
Volume
22,771 shs
Average Volume
74,692 shs
Market Capitalization
C$103.06 million
P/E Ratio
N/A
Dividend Yield
0.70%
Price Target
N/A
Consensus Rating
N/A

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.

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VLN Stock News Headlines

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VLN Stock Analysis - Frequently Asked Questions

Velan's stock was trading at C$10.80 at the beginning of 2025. Since then, VLN shares have increased by 58.3% and is now trading at C$17.10.
View the best growth stocks for 2025 here
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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.

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

Industry
Specialty Industrial Machinery
Sub-Industry
Electronic Equipment
CIK
N/A
Fax
N/A
Employees
310
Year Founded
N/A

Profitability

Net Income
C$-10,320,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$374.99 million
Cash Flow
C$6.97 per share
Book Value
C$8.41 per share

Miscellaneous

Free Float
N/A
Market Cap
C$102.64 million
Optionable
Not Optionable
Beta
0.77
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This page (TSE:VLN) was last updated on 1/21/2025 by MarketBeat.com Staff
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