Velan Inc. (VLN.TO)
Velan Inc. operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Montreal, QC, CA. The stock last traded at $18.95, up 3.67% on the session, giving a market capitalisation of $409.0M. Its beta of 0.16 implies it has historically moved less than the broad market.
Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves; gate, globe, and check valves; API 600 cast steel gate, globe, and check valves; corrosion-resistant steel gate, globe, and check valves; API 602 small forged gate, globe, and check valves; API 6D/API 6A through conduit and double expanding gate valves; large forged pressure seal and bolted bonnet gate, globe, and check valves; y-pattern valves; Proquip dual-plate check valves; API 6D/API 6A non slam and swing check valves; quarter-turn valves; resilient-seated ball valves; Securaseal metal-seated ball valves; Coker ball valves; API 6D/API 6A pipeline ball valves; modular double block and bleed ball valves; Torqseal triple-offset butterfly valves; and other products. It also provides bimetallic steam traps, trap stations, and manifolds; engineering solutions; cable drive actuators; and other products. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. The company was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. is a subsidiary of Velan Holding Co. Ltd.
Velan Inc. is most often compared with the following Industrials names: