VLN.TO - Velan Inc.
| Previous Close | 12.80 |
| Open | 12.82 |
| Bid | 12.75 x 0 |
| Ask | 12.86 x 0 |
| Day's Range | 12.78 - 12.84 |
| 52 Week Range | 4.76 - 12.88 |
| Volume | |
| Avg. Volume | 24,453 |
| Market Cap | 277.159M |
| Beta (5Y Monthly) | 0.73 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.48 |
| Earnings Date | Jul 05, 2023 - Jul 10, 2023 |
| Forward Dividend & Yield | 0.12 (0.94%) |
| Ex-Dividend Date | Jun 15, 2023 |
| 1y Target Est | N/A |
ZacksFlowserve (FLS) Up 10% YTD: Will the Momentum Continue?
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GlobeNewswireCORRECTION - Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23
MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) -- In a press release issued under the same headline earlier today by Velan Inc. (TSX: VLN), please note that in the section about the Conference Call, the time of the conference call should be 12:00 p.m. (EDT), not 11:00 a.m. (EDT) as previously stated. The corrected release follows: Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended F
- GlobeNewswire
Velan Inc. Reports Solid Fourth Quarter Financial Results to Close Fiscal Year 2022/23
MONTREAL, May 17, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fiscal year and fourth quarter ended February 28, 2023. Highlights: On February 10th, 2023, Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. announced that they have entered into a definitive agreement under wh
- GlobeNewswire
Court Approves Plan of Arrangement For Acquisition of Velan by Flowserve
MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement attached to the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”) pursuant to which all of Velan’s issued
- GlobeNewswire
Velan Shareholders Approve Acquisition by Flowserve
MONTREAL, May 05, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that holders (the “Shareholders”) of subordinate voting shares (the “SVS”) and of multiple voting shares (the “MVS” and, collectively with the SVS, the “Shares”) of Velan have approved the proposed arrangement resolution in connection with the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the
- GlobeNewswire
Velan Inc.: Announcement
MONTREAL, May 04, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Wednesday, May 17th, 2023, it will release its 4th quarter and annual results for the year ended February 28th, 2023. The company will hold an analyst call on Thursday, May 18th, 2023, at 12:00 P.M. (EDT) to discuss the results. The call may be accessed by dialing 1-800-954-0633 and quoting the reservation number 22026910. The material that will be referenced during the conference call will be made availabl
- Thomson Reuters StreetEvents
Q1 2023 Flowserve Corp Earnings Call
Q1 2023 Flowserve Corp Earnings Call
Simply Wall St.Investors in Velan (TSE:VLN) have made a splendid return of 201% over the past three years
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...
ZacksStrength Seen in Flowserve (FLS): Can Its 8.5% Jump Turn into More Strength?
Flowserve (FLS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
ZacksFlowserve (FLS) to Acquire Montreal-Based Velan for $245M
The acquisition of Velan is expected to accelerate Flowserve's (FLS) 3D strategy, thanks to the former's strong presence in nuclear, cryogenic and defense markets.
- Baystreet
Velan at 52-Week High on Merger News
Velan Inc. (T.VLN) hit a new 52-week high of $12.72 Friday. Velan and Flowserve Corporation (NYSE: FLS), ...
Business WireFlowserve to Acquire Velan in an All-cash Transaction Valued at Approximately $245 million (C$329 million)
DALLAS & MONTREAL, February 10, 2023--Flowserve Corporation ("Flowserve") (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. ("Velan") (TSX: VLN), a leading manufacturer of highly engineered industrial valves, today announced that they have entered into a definitive agreement (the "Arrangement Agreement") under which Flowserve will acquire Velan in an all cash transaction (the "Transaction") valued at approximately $245 mil
- GlobeNewswire
Velan Inc. Reports Solid Third Quarter 2022/23 Financial Results, With an Improving Trend in Backlog, Revenues and Profit
MONTREAL, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2022. Highlights: Sales for the quarter amounted to $95.2 million, a significant improvement of $10.2 million or 12.0% compared to the previous quarter of the current fiscal year, but a decrease of $14.7 million or 13.4% compared to the third quarter of the previous fiscal year. The dec
- Simply Wall St.
Returns On Capital Are Showing Encouraging Signs At Velan (TSE:VLN)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
- Simply Wall St.
Velan (TSE:VLN shareholders incur further losses as stock declines 10% this week, taking five-year losses to 69%
Statistically speaking, long term investing is a profitable endeavour. But unfortunately, some companies simply don't...
- GlobeNewswire
Velan Inc. Reports Its Second Quarter 2022/23 Financial Results Showing Improvement Over Its First Quarter
MONTREAL, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its second quarter ended August 31, 2022. Highlights: As the volatility across various macro economic factors continues across the globe, the Company has managed to improve performance over its first quarter by prudently managing the business while facing headwinds in logistics, operations and their related impact on deliv
- Simply Wall St.
Is Velan (TSE:VLN) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
CNW GroupVELAN ANNOUNCES ELECTION OF DIRECTORS
Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 18, 2022, was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 7, 2022, in Montréal, Québec.
- GlobeNewswire
Velan Inc. Reports Its First Quarter 2022/23 Financial Results With Sales and Gross Margins Comparable to the Prior Year
MONTREAL, July 07, 2022 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended May 31, 2022. Highlights: Sales for the quarter amounted to $75.0 million, an increase of $0.5 million or 0.6% compared to the same quarter of the previous fiscal year. Although comparable to prior year’s first quarter performance, the Company continues to navigate through a volatile market where ce
- Simply Wall St.
We Like These Underlying Return On Capital Trends At Velan (TSE:VLN)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...