Velan Stock Price, News & Analysis (TSE:VLN)

C$17.86 -0.38 (-2.08 %)
(As of 12/12/2017 04:00 PM ET)
Previous CloseC$18.24
Today's RangeC$17.86 - C$18.25
52-Week RangeC$17.00 - C$19.80
Volume1,300 shs
Average Volume2,960 shs
Market CapitalizationC$108.23 million
P/E RatioN/A
Dividend Yield2.24%
Beta0.12

About Velan (TSE:VLN)

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers 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. The company also provides 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. In addition, it offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, ball, and cryogenic control valves; cast steel and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. Further, the company provides bimetallic steam and thermodynamic steam traps; and specialty valves and actuators for oil and gas, LNG, and petrochemical processes, as well as offers spare parts. 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. Velan Inc. 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 Inc. is a subsidiary of Velan Holding Co. Ltd.

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Industry, Sector and Symbol

Industry Diversified Machinery
Sub-IndustryN/A
SectorIndustrial Goods
SymbolTSE:VLN
CUSIPN/A
Phone+1-514-7487743

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSC($0.28)
Net IncomeN/A
Net Margins-7.11%
Return on Equity-6.91%
Return on Assets-4.05%

Miscellaneous

EmployeesN/A
Outstanding Shares21,629,000

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 announced a quarterly dividend on Friday, July 14th. Stockholders of record on Friday, September 15th will be paid a dividend of 0.10 per share on Friday, September 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, September 14th. View Velan's Dividend History.

When will Velan make its next earnings announcement?

Velan is scheduled to release their next quarterly earnings announcement on Thursday, January, 11th 2018. View Earnings Estimates for Velan.

Who are some of Velan's key competitors?

Who are Velan's key executives?

Velan's management team includes the folowing people:

  • Thomas C. Velan, Chairman of the Board (Age 63)
  • Yves Leduc, President, Chief Executive Officer, Director (Age 50)
  • John D. Ball, Chief Financial Officer
  • Wolfgang Maar, Executive Vice President - International Sales and Overseas Operations
  • Martin Allen, Executive Vice President - Manufacturing Operations and Global Supply Chain
  • Ivan C. Velan, Executive Vice President
  • Sabine Bruckert, Vice President - Human Resources, General Counsel, Corporate Secretary
  • Robert Velan, Vice President - Sales Administration, North America, Director (Age 45)
  • Paul Dion, Vice President, Canadian Sales
  • Paul Lee, Vice President - Sales, United States Eastern Division

How do I buy Velan stock?

Shares of Velan 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 Velan stock can currently be purchased for approximately C$17.86.

How big of a company is Velan?

Velan has a market capitalization of C$108.23 million.

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 (VLN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  57
MarketBeat's community ratings are surveys of what our community members think about Velan and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Velan (TSE:VLN) Analyst Ratings History


No equities research coverage for this company has been tracked by MarketBeat

Earnings

Velan (TSE:VLN) Earnings History and Estimates Chart

Earnings by Quarter for Velan (TSE:VLN)

Velan (TSE VLN) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/11/2018        
10/9/2013Q2C$0.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Velan (TSE:VLN) Earnings Estimates

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Velan (TSE:VLN) Dividend Information

Most Recent Dividend:9/29/2017
Annual Dividend:$0.30
Dividend Yield:1.69%
Payout Ratio:-107.90% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Velan (TSE:VLN)

Velan (TSE:VLN) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2017Quarterly$0.102.3%9/14/20179/15/20179/29/2017
6/11/2015Quarterly$0.102.03%6/11/20156/30/20156/30/2015
3/12/2015Quarterly$0.102.09%3/12/20153/31/20153/31/2015
12/11/2014Quarterly$0.101.97%12/11/201412/31/201412/31/2014
7/10/2014quarterly$0.102.35%9/11/20149/15/20149/30/2014
5/20/2014Quarterly$0.092.22%6/12/20146/16/20146/30/2014
1/9/2014Quarterly$0.072%3/13/20143/17/20143/31/2014
12/12/2013Quarterly$0.082.38%12/12/201312/31/201312/31/2013
10/9/2013$0.0812/12/201312/16/201312/31/2013
(Data available from 1/1/2013 forward)

Insider Trades

Velan (TSE VLN) Insider Trading and Institutional Ownership History

Insider Trades by Quarter for Velan (TSE:VLN)

Velan (TSE VLN) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/26/2015Kenneth Joseph Chis MackinnonDirectorBuy2,000C$15.88C$31,760.00
7/15/2015Wolfgang MaarInsiderSell14,267C$18.40C$262,512.80
4/29/2015Edward James KernaghanInsiderSell1,600C$22.25C$35,600.00
(Data available from 1/1/2013 forward)

Headlines

Velan (TSE VLN) News Headlines

Source:
DateHeadline
Is Velan Inc (TSX:VLN) A Financially Sound Company?Is Velan Inc (TSX:VLN) A Financially Sound Company?
finance.yahoo.com - December 1 at 5:41 PM
2017 Normal Course Issuer Bid2017 Normal Course Issuer Bid
globenewswire.com - October 28 at 7:52 AM
Velan, Inc. :VLN-CA: Earnings Analysis: Q2, 2018 By the Numbers : October 17, 2017Velan, Inc. :VLN-CA: Earnings Analysis: Q2, 2018 By the Numbers : October 17, 2017
finance.yahoo.com - October 17 at 8:49 AM
Edited Transcript of VLN.TO earnings conference call or presentation 12-Oct-17 8:30pm GMTEdited Transcript of VLN.TO earnings conference call or presentation 12-Oct-17 8:30pm GMT
finance.yahoo.com - October 14 at 9:14 AM
Velan Inc.: AnnouncementVelan Inc.: Announcement
finance.yahoo.com - October 6 at 12:31 PM
Velan Inc. (VLN) to Release Quarterly Earnings on ThursdayVelan Inc. (VLN) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - October 5 at 1:16 AM
AK Velan 1918-2017 - GlobeNewswire (press release)AK Velan 1918-2017 - GlobeNewswire (press release)
globenewswire.com - October 3 at 7:35 PM
UPDATE - A.K. Velan 1918-2017UPDATE - A.K. Velan 1918-2017
feeds.benzinga.com - October 3 at 12:30 PM
A.K. Velan 1918-2017A.K. Velan 1918-2017
feeds.benzinga.com - October 2 at 12:14 PM
Velan, Inc. : VLN-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017Velan, Inc. : VLN-CA: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : September 14, 2017
finance.yahoo.com - September 15 at 11:08 AM
Velan Inc. (VLN) Plans $0.10 Quarterly DividendVelan Inc. (VLN) Plans $0.10 Quarterly Dividend
www.americanbankingnews.com - September 9 at 2:16 PM
Velan Inc. Announces the Appointment of Duc Tran to the Position of Vice-President, EngineeringVelan Inc. Announces the Appointment of Duc Tran to the Position of Vice-President, Engineering
finance.yahoo.com - August 23 at 1:34 PM
Edited Transcript of VLN.TO earnings conference call or presentation 13-Jul-17 8:30pm GMTEdited Transcript of VLN.TO earnings conference call or presentation 13-Jul-17 8:30pm GMT
finance.yahoo.com - August 12 at 1:55 AM
Velan, Inc. :VLN-CA: Earnings Analysis: Q1, 2018 By the Numbers : August 2, 2017Velan, Inc. :VLN-CA: Earnings Analysis: Q1, 2018 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 8:35 AM
Velan Announces Election of Directors - BenzingaVelan Announces Election of Directors - Benzinga
www.benzinga.com - July 14 at 10:01 PM
Velan Announces Election of DirectorsVelan Announces Election of Directors
finance.yahoo.com - July 14 at 4:58 PM
IIROC Trading Halt - VLNIIROC Trading Halt - VLN
finance.yahoo.com - July 14 at 9:44 AM
Velan Inc. Reports Its First Quarter 2017/18 Financial ResultsVelan Inc. Reports Its First Quarter 2017/18 Financial Results
finance.yahoo.com - July 14 at 9:44 AM
IIROC Trade Resumption - VLNIIROC Trade Resumption - VLN
finance.yahoo.com - July 14 at 9:44 AM
Q3 2017 Velan Inc Earnings Release - Time Not SuppliedQ3 2017 Velan Inc Earnings Release - Time Not Supplied
biz.yahoo.com - January 12 at 3:49 PM
Velan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million) - BenzingaVelan awarded major nuclear valve contracts in China worth US$36 million (EUR33 million) - Benzinga
www.benzinga.com - November 29 at 1:04 PM

SEC Filings

Velan (TSE:VLN) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Velan (TSE VLN) Stock Chart for Tuesday, December, 12, 2017

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This page was last updated on 12/12/2017 by MarketBeat.com Staff

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