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

Automated Summaries - The Globe and Mail - Mon Jul 29, 4:02PM CDT

Velan Inc Sv opened trading today at $6.00 and closed at $6.00. It traded at a low of $5.84 to a high of $6.36.

The price dipped -5.51% from the previous day's close of $6.35.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

Trading volume was 61,917 on 57 total trades, while having an average volume of 20,362 over the last 5-days.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, VLN.TO has traded as high as $12.62 (July 31,2023) and low as $5.03 (December 13,2023). Moreover, in the last 12 months, Velan Inc Sv's shares have shrunken -52.57%, while they have advanced 11.94% year-to-date.

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 $137.07 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..