Velan (OTCMKTS:VLNSF) Stock Price Up 0.8% – Here’s What Happened

Velan Inc. (OTCMKTS:VLNSFGet Free Report)’s stock price shot up 0.8% during mid-day trading on Thursday . The stock traded as high as $7.44 and last traded at $7.44. 100 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 2,836 shares. The stock had previously closed at $7.38.

Velan Stock Up 0.8 %

The business has a 50 day simple moving average of $7.55 and a 200-day simple moving average of $5.51.

About Velan

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Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.

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