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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Velan Inc Sv opened trading today at $6.15 and closed at $6.05. It traded at a low of $6.05 to a high of $6.15.

Shares eased -3.04 percent from the previous day's close of $6.24.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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 over 5 days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 52 weeks, while they have boosted 12.87% 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 $130.59 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 has an average recommendation of "Strong Sell" based on 0.00 analysts according to Zacks. From those 0 analysts,.

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..