Velan Inc. (TSE:VLN - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$14.46 and traded as low as C$13.65. Velan shares last traded at C$13.65, with a volume of 32,165 shares changing hands.
Velan Stock Performance
The company has a fifty day moving average price of C$15.83 and a two-hundred day moving average price of C$14.47. The firm has a market cap of C$205.88 million, a price-to-earnings ratio of -3.23 and a beta of 0.77. The company has a debt-to-equity ratio of 21.78, a current ratio of 1.34 and a quick ratio of 1.11.
About Velan
(
Get Free Report)
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.
Featured Articles
Before you consider Velan, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Velan wasn't on the list.
While Velan currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
