Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, 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, forged ball, power ball, high performance three-piece ball, general purpose ball, triple-offset butterfly, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast steel 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 steam and thermodynamic steam traps. It serves power generation, oil and gas, refining and petrochemicals, chemicals and pharmaceuticals, pulp and paper, LNG and cryogenics, water and wastewater, mining, and shipbuilding industries. 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. The company was founded in 1950 and is headquartered in Montréal, Canada.
Industry, Sector and Symbol
Industry Diversified Machinery
Sub-IndustryN/A
SectorIndustrial Products
CIKN/A
Phone+1-514-7487743
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$364.13 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/23/2019 (Estimated)
OptionableNot Optionable
Velan (TSE:VLN) Frequently Asked Questions
What is Velan's stock symbol?
Velan trades on the Toronto Stock Exchange (TSX) under the ticker symbol "VLN."
How often does Velan pay dividends? What is the dividend yield for Velan?
Velan declared a quarterly dividend on Thursday, October 11th. Stockholders of record on Friday, December 14th will be given a dividend of 0.03 per share on Friday, December 28th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, December 13th. View Velan's Dividend History.
How were Velan's earnings last quarter?
Velan Inc. (TSE:VLN) issued its quarterly earnings results on Thursday, January, 10th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $120.73 million for the quarter. View Velan's Earnings History.
When is Velan's next earnings date?
Has Velan been receiving favorable news coverage?
News articles about VLN stock have trended somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Velan earned a news impact score of -1.1 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Velan's key competitors?
Some companies that are related to Velan include Goodwin (GDWN), Castings (CGS), dynaCERT (DYA), CynergisTek (CTEK), Northbridge Industrial Services (NBI), Continental Materials (CUO), Xeros Technology Group (XSG), Energy Technologies (EGY), Tricorn Group (TCN), Chamberlin (CMH), International Corona Capital (IC), Associated British Engineering (ASBE) and Alstom (ALO).
What other stocks do shareholders of Velan own?
Who are Velan's key executives?
Velan's management team includes the folowing people:
- Mr. Yves Jacques Leduc, Pres, CEO & Director (Age 54)
- Mr. John D. Ball, Chief Financial Officer
- Mr. Wolfgang Maar, Exec. VP of Global Sales & Overseas Operations
- Mr. Robert Velan, Exec. VP, GM of MRO & Aftermarket and Director (Age 48)
- Mr. Martin Allen, Exec. VP of Manufacturing Operations & Global Supply Chain
How do I buy shares of Velan?
Shares of VLN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Velan's stock price today?
One share of VLN stock can currently be purchased for approximately C$9.16.
How big of a company is Velan?
Velan has a market capitalization of C$198.06 million and generates C$364.13 million in revenue each year.
What is Velan's official website?
How can I contact Velan?
Velan's mailing address is 7007 De La Cote-de-Liesse Rd, SAINT-LAURENT, QC H4T 1G2, Canada. The company can be reached via phone at +1-514-7487743.
MarketBeat Community Rating for Velan (TSE VLN)
MarketBeat's community ratings are surveys of what our community members think about Velan and other stocks. Vote "Outperform" if you believe VLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
