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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Velan Inc Sv opened trading today at $6.15 and closed at $6.05. prices ranged from a low of $6.05 to a high of $6.15.

The price decreased -3.04 percent from the previous day's close of $6.24.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 9,701 shares was traded during the last trading day, with total trades of 13, while having an average volume of 16,223 in the last five days.

Trading across the entire TSX saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, VLN.TO has traded as high as $12.59 (September 25,2023) and low as $5.03 (December 13,2023). Moreover, the shares have shrunken -39.38% in the last year, while this year, they have advanced 12.87%.

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 $134.69 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 is holding an average recommendation of "Strong Sell" from 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..