Velan Inc. (VLN) to Release Quarterly Earnings on Thursday

Velan Inc. (TSE:VLN) is set to issue its quarterly earnings data before the market opens on Thursday, October 12th.

Shares of Velan Inc. (VLN) opened at 18.85 on Thursday. The stock has a market capitalization of $408.37 million and a price-to-earnings ratio of 140.67. The firm’s 50-day moving average price is $17.53 and its 200 day moving average price is $17.79. Velan Inc. has a 1-year low of $16.60 and a 1-year high of $19.80.

The business also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.12%.

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Velan Company Profile

Velan Inc designs, manufactures and markets a range of industrial valves for use in various industry applications across the world, including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding.

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