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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

In today's trading, shares of Velan Inc Sv opened at $5.99 and closed at $5.93. Intraday prices ranged from a low of $5.93 to a high of $5.99.

The price decreased -1.98% from the previous day's close of $6.05.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 8,929 shares was traded during the session, with total trades of 31, with an average volume of 5,626 in the last five days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 -41.00% in the last 12 months, while in 2024, they have boosted 10.63%.

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's consensus rating is "Strong Sell" based on 0 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..