Velan Inc. (TSE:VLN - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$15.35 and traded as low as C$14.81. Velan shares last traded at C$14.91, with a volume of 5,985 shares traded.
Velan Price Performance
The company has a debt-to-equity ratio of 21.78, a current ratio of 1.34 and a quick ratio of 1.11. The firm has a market cap of C$219.12 million, a price-to-earnings ratio of -3.44 and a beta of 0.77. The stock's fifty day moving average price is C$14.57 and its 200-day moving average price is C$15.38.
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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