Velan Inc. (TSE:VLN - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$14.55 and traded as low as C$13.95. Velan shares last traded at C$14.15, with a volume of 4,307 shares trading hands.
Velan Stock Performance
The stock has a market capitalization of C$206.18 million, a PE ratio of -3.24 and a beta of 0.77. 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 firm has a 50 day moving average of C$15.69 and a 200-day moving average of C$14.63.
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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