Velan Inc. SV (VLN) Releases Quarterly Earnings Results
Velan Inc. SV (TSE:VLN) announced its earnings results on Wednesday. The company reported $0.23 earnings per share for the quarter, StockRatingsNetwork reports.
Velan Inc. SV (TSE:VLN) remained flat at $13.10 during trading on Wednesday. 70,965 shares of the company’s stock traded hands. Velan Inc. SV has a 52-week low of $10.90 and a 52-week high of $13.10. The stock has a 50-day moving average of $12.3 and a 200-day moving average of $11.92. The company has a market cap of $287.2 million and a P/E ratio of 25.69.
Velan Inc (TSE:VLN) designs, manufactures and markets on a worldwide basis a range of industrial valves for use in industry applications, including power generation, oil and gas, refining and petrochemicals, chemical, liquified natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding.
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