Velan Inc. (TSE:VLN - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$15.19 and traded as low as C$14.75. Velan shares last traded at C$15.00, with a volume of 19,444 shares trading hands.
Velan Price Performance
The company has a debt-to-equity ratio of 21.78, a quick ratio of 1.11 and a current ratio of 1.34. The company's fifty day simple moving average is C$14.65 and its two-hundred day simple moving average is C$15.21. The stock has a market capitalization of C$325.09 million, a PE ratio of 115.85 and a beta of -0.19.
About Velan
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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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