Velan Inc. (TSE:VLN - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$14.85 and traded as low as C$14.10. Velan shares last traded at C$14.11, with a volume of 2,502 shares changing hands.
Velan Price Performance
The firm's 50-day moving average price is C$15.24 and its two-hundred day moving average price is C$14.94. The stock has a market cap of C$213.09 million, a PE ratio of -3.35 and a beta of 0.77. The company has a current ratio of 1.34, a quick ratio of 1.11 and a debt-to-equity ratio of 21.78.
Velan Company Profile
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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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