Velan Inc.

TSX (CAD): Velan Inc. (VLN)

Last Price

15.30

Today's Change

+3.54 (30.10%)

Day's Change

12.75 - 15.83

Trading Volume

284,413

Overview

Market Cap

250 Million

Shares Outstanding

16 Million

Avg Volume

20,456

Avg Price (50 Days)

11.13

Avg Price (200 Days)

7.82

PE Ratio

-22.17

EPS

-0.69

Earnings Announcement

14-Jan-2025

Previous Close

11.76

Open

12.75

Day's Range

12.75 - 15.83

Year Range

5.05 - 15.83

Trading Volume

284,413

Price Change Highlight

1 Day Change

30.10%

5 Day Change

39.09%

1 Month Change

39.47%

3 Month Change

45.71%

6 Month Change

146.77%

Ytd Change

39.34%

1 Year Change

191.43%

3 Year Change

77.70%

5 Year Change

83.23%

10 Year Change

-22.53%

Max Change

-47.24%

News and Blogs

No result.

Company Profile

Sector: Industrials - Industrials

Industry: Specialty Industrial Machinery

Description:

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal 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, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast 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 and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. 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. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.

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