Lead in their business. Just completed a successful turnaround and enjoying strong sales and a record backlog. Cheap, trading at under a third of book value. Expects a strong next quarter, and that's when the company should sell itself. He's pushing for a sale.
Velan Inc is a Canadian stock, trading under the symbol VLN-T on the Toronto Stock Exchange (VLN-CT). It is usually referred to as TSX:VLN or VLN-T
In the last year, 3 stock analysts published opinions about VLN-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Velan Inc.
Velan Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Velan Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Velan Inc In the last year. It is a trending stock that is worth watching.
On 2023-03-31, Velan Inc (VLN-T) stock closed at a price of $12.76.
The litigation costs over asbestos content have been increasing and eating into profits. It is a jewel of a company and should be worth more than the present offer. There is the possibility of a higher offer.