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Closing Bell: Velan Inc Sv up on Monday (VLN)

Automated Summaries - The Globe and Mail - Mon Jul 15, 4:01PM CDT

In market activity today, Velan Inc Sv shares closed at $6.20 after opening the day at $6.21. prices ranged from $6.20 to $6.31.

Shares gained 0.65 percent from the previous day's close of $6.16.

Today across North America, the TSX Composite closed 0.57% at 22673.52, the S&P 500 closed 0.55% at 5615.35, the Dow Jones Industrial Average closed 0.62% at 40000.90 and the Nasdaq Composite closed 0.63% at 18398.45.

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

A total of 8,615 shares was traded during the session, with total trades of 11, while having an average volume of 6,180 over 5 days.

Trading across the entire TSX saw 3,258 price advancers against 1,978 declines and 100 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 plummeted -51.18% in the last year, while in 2024, they have boosted 15.67%.

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 $132.97 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.

Currently, Velan Inc Sv has an average recommendation of "Strong Sell" based on 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..