Velan Inc Stock Today

VLN Stock  CAD 11.00  0.10  0.90%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 24

 
High
 
Low
Low
Velan is selling at 11.00 as of the 1st of December 2024; that is 0.9% down since the beginning of the trading day. The stock's open price was 11.1. Velan has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Velan Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company was founded in 1950 and is headquartered in Montral, Canada. VELAN INC operates under Diversified Industrials classification in Canada and is traded on Toronto Stock Exchange. The company has 6.02 M outstanding shares of which 235 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Velan Inc

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Velan Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Velan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Velan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Interim ChairmanBSBA CPA
Business ConcentrationIndustrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, Industrials, Machinery, Diversified Industrials, Industrials (View all Sectors)
Velan's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Velan's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Velan can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Velan's financial leverage. It provides some insight into what part of Velan's total assets is financed by creditors.
Liquidity
Velan cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Velan Inc has accumulated 41.42 M in total debt with debt to equity ratio (D/E) of 23.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Velan Inc has a current ratio of 2.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Velan until it has trouble settling it off, either with new capital or with free cash flow. So, Velan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Velan Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Velan to invest in growth at high rates of return. When we think about Velan's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

2.73 Million
Velan Inc (VLN) is traded on Toronto Exchange in Canada and employs 1,618 people. Velan is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 250.61 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Velan's market, we take the total number of its shares issued and multiply it by Velan's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Velan Inc operates under Machinery sector and is part of Industrials industry. The entity has 6.02 M outstanding shares of which 235 shares are at this time shorted by private and institutional investors with about 0.02 days to cover all short positions. Velan Inc has accumulated about 50.51 M in cash with 4.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.56.
Check Velan Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Velan is C$250.61 Million. Velan Inc maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Velan Ownership Details

Velan Inc Risk Profiles

Although Velan's alpha and beta are two of the key measurements used to evaluate Velan's performance over the market, the standard measures of volatility play an important role as well.

Velan Stock Against Markets

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Velan Corporate Management

Elected by the shareholders, the Velan's board of directors comprises two types of representatives: Velan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Velan. The board's role is to monitor Velan's management team and ensure that shareholders' interests are well served. Velan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Velan's outside directors are responsible for providing unbiased perspectives on the board's policies.
Karel VelanFounder EmeritusProfile
Shane VelanChief OfficerProfile
Paul PoirierChief AmericaProfile
Laurent PefferkornExecutive SBUProfile

Other Information on Investing in Velan Stock

Velan financial ratios help investors to determine whether Velan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Velan with respect to the benefits of owning Velan security.