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

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:01PM CDT

Today during trading, shares of Velan Inc Sv opened at $6.34 and closed at $6.29. Intraday prices ranged from $6.28 to $6.35.

Share prices decreased -0.63% from the previous day's close of $6.33.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

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

Trading volume was 3,800 on 15 total trades. On average, Velan Inc Sv has traded 9,879 shares over 5 days and 7,065 year-to-date.

The TSX overall saw 1,249 price advancers against 3,959 declines and 110 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, the shares have shrunken -50.47% in 52 weeks, while they have advanced 17.35% since the start of 2024.

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 $136.64 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.

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..