Closing Bell: Velan Inc Sv up on Monday (VLN)

In market activity today, Velan Inc Sv shares opened at $5.91 and closed at $6.00. prices ranged from a low of $5.90 to a high of $6.00.

Shares advanced 1.69% from the previous day's close of $5.90.

During the day across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

Trading volume was 6,000 on 7 total trades, while having an average volume of 5,323 over 5 days.

The TSX overall saw 3,734 price advancers against 1,480 declines and 101 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 -52.76%, while in 2024, they have boosted 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 $127.36 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.

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

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