Velan Inc. (TSE:VLN - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$15.34 and traded as low as C$14.74. Velan shares last traded at C$14.90, with a volume of 2,785 shares changing hands.
Velan Stock Performance
The company has a market cap of C$214.70 million, a PE ratio of -3.37 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. The business has a fifty day moving average of C$14.51 and a 200-day moving average of C$15.27.
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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