Velan Inc. (TSE:VLN – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$11.00 and last traded at C$11.98, with a volume of 89648 shares traded. The stock had previously closed at C$11.00.
Velan Stock Up 36.1 %
The company has a quick ratio of 1.11, a current ratio of 2.55 and a debt-to-equity ratio of 21.02. The stock has a 50-day simple moving average of C$11.07 and a 200-day simple moving average of C$8.73. The firm has a market capitalization of C$96.32 million, a PE ratio of -20.00 and a beta of 0.77.
About Velan
Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.
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