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TSE:VLNVelan Stock Price, Forecast & News

C$5.02
+0.18 (+3.72 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
C$4.80
Now: C$5.02
C$5.10
50-Day Range
C$4.45
MA: C$5.36
C$6.18
52-Week Range
C$3.51
Now: C$5.02
C$10.90
Volume2,300 shs
Average Volume6,152 shs
Market CapitalizationC$108.36 million
P/E RatioN/A
Dividend Yield2.54%
BetaN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.78 out of 5 stars


Industry, Sector and Symbol

Industry Diversified Machinery
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-514-7487743

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$371.62 million
Cash FlowC$3.69 per share
Book ValueC$13.19 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$108.36 million
Next Earnings Date7/9/2020 (Estimated)
OptionableNot Optionable

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Velan (TSE:VLN) Frequently Asked Questions

How has Velan's stock been impacted by COVID-19 (Coronavirus)?

Velan's stock was trading at C$6.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VLN shares have decreased by 19.3% and is now trading at C$5.02. View which stocks have been most impacted by Coronavirus.

When is Velan's next earnings date?

Velan is scheduled to release its next quarterly earnings announcement on Thursday, July 9th 2020. View our earnings forecast for Velan.

How often does Velan pay dividends? What is the dividend yield for Velan?

Velan declared a quarterly dividend on Thursday, January 9th. Shareholders of record on Thursday, March 12th will be given a dividend of 0.03 per share on Friday, March 27th. This represents a $0.12 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Wednesday, March 11th. View Velan's dividend history.

Has Velan been receiving favorable news coverage?

News coverage about VLN stock has been trending extremely negative this week, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Velan earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutVelan.

Who are some of Velan's key competitors?

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).

Who are Velan's key executives?

Velan's management team includes the following 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

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 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$5.02.

How big of a company is Velan?

Velan has a market capitalization of C$108.36 million and generates C$371.62 million in revenue each year.

What is Velan's official website?

The official website for Velan is www.velan.com.

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.

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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