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

Automated Summaries - The Globe and Mail - Wed Jul 10, 4:01PM CDT

In market activity today, shares of Velan Inc Sv opened at $5.99 and closed at $6.07. Intraday prices ranged from a low of $5.99 to a high of $6.18.

Share prices dipped -2.57 percent from the previous day's close of $6.23.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

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

Trading volume was 1,500 on 7 total trades, while having an average volume of 4,742 in the last five days.

The TSX market on the whole today saw 3,274 price advancers against 1,962 declines and 102 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 -52.13 percent in 52 weeks, while they have advanced 13.25% this year.

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 $134.48 million on a float of 21,586 shares outstanding. Its annual EPS is $-0.91.

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..