Velan Inc. (TSE:VLN – Get Free Report) hit a new 52-week high on Monday . The company traded as high as C$18.00 and last traded at C$17.73, with a volume of 36266 shares traded. The stock had previously closed at C$17.35.
Velan Stock Up 2.2 %
The stock has a market cap of C$106.73 million, a P/E ratio of -22.16 and a beta of 0.77. The firm has a 50 day simple moving average of C$11.37 and a 200-day simple moving average of C$8.96. The company has a quick ratio of 1.11, a current ratio of 2.55 and a debt-to-equity ratio of 21.02.
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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