Velan (VLN) to Release Earnings on Wednesday

Velan (TSE:VLN – Get Rating) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 18th.

VLN opened at C$8.50 on Thursday. The stock’s fifty day moving average is C$9.52 and its two-hundred day moving average is C$9.02. The company has a market capitalization of C$183.48 million and a P/E ratio of 29.62. Velan has a 52 week low of C$7.75 and a 52 week high of C$10.86. The company has a quick ratio of 0.89, a current ratio of 2.06 and a debt-to-equity ratio of 20.46.

Velan Company Profile (Get Rating)

Velan Inc designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, 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, forged ball, power ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves.

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