VI

Velan Inc

VLN.TO
TSXIndustrials
$15.40
USD
+0.39(+2.60%)
At close: Apr 30, 20:29 UTC
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Open

$15.18

Prev. Close

$15.29

High

$15.18

Low

$15.18

Market Snapshot

Market Cap

$346.45M

P/E Ratio

3.6

EPS

3.03

Revenue

$294.7M

Why VLN.TO moved

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About

Velan, Inc. engages in the design, manufacturing, and marketing of industrial valves for use in industry applications. The company is headquartered in Montreal, Quebec and currently employs 1,617 full-time employees. The firm designs, manufactures and markets on a worldwide basis a broad range of industrial valves for use in critical applications. The company provides solutions to many sectors including power generation, nuclear, oil and gas, chemicals, LNG and cryogenics, pulp and paper, geothermal processes, shipbuilding, defense, and carbon-neutral technologies. Its product categories include quarter-turn valves; gate, globe, and check valves; cryogenic valves; HF acid valves; steam traps; bellows seal valves, and Velan ABV valves. Its service includes research and development, maintenance manuals (IOMs), spare parts and service center locations. Its quarter-turn valves include Memoryseal ball valves and VTP-2000 high performance three-piece ball valves. The firm's cryogenic valves include cast steel cryogenic valves and API 602 small forged cryogenic valves. The firm has manufacturing plants in approximately nine countries.

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