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

Today, shares of Velan Inc Sv opened at $6.29 and closed at $6.35. prices ranged from $6.29 to $6.35.

Shares gained 0.95% from the previous day's close of $6.29.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

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

Trading volume was 2,992 on 14 total trades, with an average volume of 9,148 over the last 5 days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 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 -49.96 percent in the last year, while they have advanced 18.47% year-to-date.

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 $135.77 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. 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..