Closing Bell: Velan Inc Sv down on Thursday (VLN)

In trading today, Velan Inc Sv shares opened at $5.96 and closed at $6.05. Intraday prices ranged from a low of $5.96 to a high of $6.14.

Share prices dipped -0.33 percent from the previous day's close of $6.07.

Today across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Velan Inc Sv traded under VLN on the Toronto Stock Exchange (TSX).

A total of 5,717 shares was traded during the session, with total trades of 16, while having an average volume of 5,647 in the last five days.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 unchanged.

During the prior 52 weeks, VLN.TO has traded as high as $12.71 (July 27,2023) and low as $5.03 (December 13,2023). Moreover, in the last 12 months, Velan Inc Sv's shares have shrunken -52.40%, while they have advanced 12.87% this year.

It announced a 0.03 dividend on May 17/23, with an June 15/23 ex-date and June 30/23 pay day.

Following today's trading, Velan Inc Sv has a market capitalization of $131.02 million on a float of 21,586 shares outstanding. Its annual EPS is $-0.91.

Velan Inc Sv is a TSX Specialty Industrial Machine company headquartered in Montreal, CAN.

Velan Inc Sv's average recommendation is "Strong Sell" based on 0.00 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..