TSE:VLN

Velan - VLN Stock Forecast, Price & News

C$7.51

-0.12 (-1.57%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: C$7.45
▼
C$7.65
50-Day Range: C$7.30
▼
C$9.60
52-Week Range: C$7.25
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C$10.70

Volume: 550 shs
Average Volume: 5,058 shs
Market Capitalization: C$162.11 million

P/E Ratio: N/A
Dividend Yield: 1.57%
Price Target: N/A

About Velan (TSE:VLN) Stock

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.

Velan Price Performance

VLN Stock opened at C$7.63 on Monday. The company has a debt-to-equity ratio of 18.17, a quick ratio of 1.09 and a current ratio of 2.57. The company's fifty day moving average price is C$8.09 and its 200-day moving average price is C$8.84. Velan has a one year low of C$7.25 and a one year high of C$10.70. The company has a market capitalization of C$164.70 million and a PE ratio of -6.02.

Velan (TSE:VLN - Get Rating) last released its quarterly earnings data on Wednesday, May 18th. The company reported C$0.41 EPS for the quarter. The company had revenue of C$158.74 million for the quarter.

Velan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Investors of record on Friday, June 17th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Thursday, June 16th.

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VLN Stock News Headlines

July 22, 2022 | americanbankingnews.com

Velan (TSE:VLN) Share Price Passes Below 200 Day Moving Average of $8.96

July 17, 2022 | theglobeandmail.com

Velan Inc Sv stock dipped on Friday.

July 7, 2022 | finance.yahoo.com

Velan Inc. Reports Its First Quarter 2022/23 Financial Results With Sales and Gross Margins Comparable to the Prior Year

May 18, 2022 | finance.yahoo.com

Velan Inc. Reports Strong Fourth Quarter and Fiscal Year 2021/22 Financial Results and Reinstates Dividend

May 13, 2022 | finance.yahoo.com

Velan (TSE:VLN) shareholders have endured a 50% loss from investing in the stock five years ago

April 18, 2022 | finance.yahoo.com

Velan Inc. appoints Rishi Sharma as Executive Vice President Finance and incoming Chief Financial Officer. He will assume the position of Chief Financial Officer on May 23, 2022.

March 19, 2022 | finance.yahoo.com

These 4 Measures Indicate That Velan (TSE:VLN) Is Using Debt Reasonably Well

January 18, 2022 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Velan (TSE:VLN)

January 17, 2022 | finance.yahoo.com

Velan Announces Changes to its Board Including the Appointment of Bruno Carbonaro, President and CEO

January 12, 2022 | finance.yahoo.com

Velan Inc. Reports Its Strong Third Quarter 2021/22 Financial Results, Highlighted by a Significant Increase in Sales and Improved Margins

December 11, 2021 | benzinga.com

Velan Announces the resignation of CFO effective...

December 11, 2021 | theglobeandmail.com

Stocks in play: Velan Inc

December 10, 2021 | finance.yahoo.com

Velan Announces the resignation of CFO effective May 20, 2022

December 1, 2021 | finance.yahoo.com

Velan Appoints Bruno Carbonaro as CEO in Accordance with the Previously Announced Transition Plan

November 19, 2021 | finance.yahoo.com

Investors in Velan (TSE:VLN) have made a favorable return of 53% over the past year

October 21, 2021 | finance.yahoo.com

Velan Inc. Announces its CEO Transition Plan

September 29, 2021 | finance.yahoo.com

CORRECTION – Velan Inc.: Announcement

August 12, 2021 | finance.yahoo.com

Velan (TSE:VLN) Has Debt But No Earnings; Should You Worry?

July 13, 2021 | finance.yahoo.com

Velan Inc. Reports Its First Quarter 2021/22 Financial Results

July 4, 2021 | finance.yahoo.com

VELAN INC., SV (VLN.TO) stock forecast and price target

May 3, 2021 | finance.yahoo.com

Velan Inc. Announces the Appointment of Benoit Alain as Special Advisor to the Chief Executive Officer. He Will Assume the Position of Chief Financial Officer on June 1, 2021

April 8, 2021 | finance.yahoo.com

Update: Velan (TSE:VLN) Stock Gained 82% In The Last Year

January 7, 2021 | finance.yahoo.com

We Think Velan (TSE:VLN) Can Stay On Top Of Its Debt

October 11, 2020 | in.finance.yahoo.com

Velan Inc. (VLNSF)

October 9, 2020 | markets.businessinsider.com

Velan awarded major offshore valve contracts in Asia totaling over US$30 million

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VLN Company Calendar

Last Earnings: 5/18/2022
Ex-Dividend for 6/30 Dividend: 6/16/2022
Dividend Payable: 6/30/2022
Today: 8/15/2022
Next Earnings (Estimated): 10/06/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Diversified Machinery
Sub-Industry: N/A
Sector: Industrials
Current Symbol: TSE:VLN
CUSIP: N/A
CIK: N/A
Web: www.velan.com
Phone: +1-514-7487743
Fax: N/A
Employees: 1,719
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 18.17
Current Ratio: 2.57
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: C$411.72 million
Price / Sales: 0.39
Cash Flow: C$3.09 per share
Price / Cash Flow: 2.43
Book Value: C$11.66 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 21,586,000
Free Float: N/A
Market Cap: C$162.11 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Bruno Carbonaro (Age 55)
CEO, Pres, Acting Exec. VP, GM of Project & Director
Comp: $839.61k
Ms. Sabine Bruckert
Exec. VP of HR, Gen. Counsel & Corp. Sec.
Mr. John D. Ball
Exec. VP of Global Fin.
Mr. Duke Tran
Exec. VP & GM of Severe Service
Mr. Paul Poirier
Chief Operations Officer of North America
Mr. A. Karel Velan
Founder and Chairman Emeritus
Mr. Rishi Sharma
Chief Financial Officer
Mr. Shane Velan
Chief Information Officer
Mr. Daniel Velan
Vice-Pres of Marketing
Mr. Paul Dion
Sr. Vice-Pres of Sales, Process Industries

Key Competitors

View All Competitors

VLN Stock - Frequently Asked Questions

How have VLN shares performed in 2022?: Velan's stock was trading at C$8.20 at the beginning of the year. Since then, VLN shares have decreased by 8.4% and is now trading at C$7.51.
View the best growth stocks for 2022 here.
When is Velan's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
View our VLN earnings forecast.
How were Velan's earnings last quarter?: Velan Inc. (TSE:VLN) released its earnings results on Wednesday, May, 18th. The company reported $0.41 EPS for the quarter. The firm earned $158.74 million during the quarter.
How often does Velan pay dividends? What is the dividend yield for Velan?: Velan announced a quarterly dividend on Wednesday, May 18th. Shareholders of record on Friday, June 17th will be paid a dividend of 0.03 per share on Thursday, June 30th. This represents a $0.12 annualized dividend and a yield of 1.60%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for VLN.

What other stocks do shareholders of Velan own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Velan investors own include Autodesk (ADSK), Alimentation Couche-Tard (ATD.B), BlackLine (BL), Cogeco Communications (CCA), CENTRIC HEALTH (CHH), Cargojet (CJT), Constellation Software (CSU), Dollarama (DOL), E-L Financial (ELF) and Enghouse Systems (ENGH).
What is Velan's stock symbol?: Velan trades on the Toronto Stock Exchange (TSX) under the ticker symbol "VLN."
How do I buy shares of Velan?: Shares of VLN stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Velan's stock price today?: One share of VLN stock can currently be purchased for approximately C$7.51.
How much money does Velan make?: Velan (TSE:VLN) has a market capitalization of C$162.11 million and generates C$411.72 million in revenue each year.
How many employees does Velan have?: The company employs 1,719 workers across the globe.
How can I contact Velan?: Velan's mailing address is 7007 De La Cote-de-Liesse Rd, SAINT-LAURENT, QC H4T 1G2, Canada. The official website for the company is www.velan.com. The company can be reached via phone at +1-514-7487743.

This page (TSE:VLN) was last updated on 8/15/2022 by MarketBeat.com Staff

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