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

In today's trading, Velan Inc Sv stock opened at $6.20 and closed at $6.00. Intraday prices ranged from a low of $6.00 to a high of $6.20.

Shares eased -4.00% from the previous day's close of $6.25.

During the day across North America, the TSX Composite closed -0.54% at 22726.76, the S&P 500 closed -1.39% at 5588.27, the Dow Jones Industrial Average closed 0.59% at 41198.08 and the Nasdaq Composite closed -2.77% at 17996.92.

Velan Inc Sv has listed on the Toronto Stock Exchange (TSX) under the ticker VLN.

A total of 6,650 shares was traded during the session, with total trades of 13, while having an average volume of 5,667 over the last 5-days.

The TSX overall saw 1,017 price advancers against 4,222 declines and 91 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 52 weeks, Velan Inc Sv's shares have shrunken -52.79%, while in 2024, they have advanced 11.94%.

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 $134.91 million on a float of 21,586 shares outstanding. Its annual EPS is $-0.58.

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

Currently, Velan Inc Sv's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. From those 0 analysts,.

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