Velan is now ranked among the top 10 undervalued stocks in the Industrials sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The industrials sector contains aerospace and defense companies as well as those that manufacture machinery, tools or industrial products.
All data provided as-at market close February 06, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Velan Velan Inc designs, manufactures and markets industrial valves for use in industries including power generation, oil and gas, refining and petrochemicals, pulp and paper, LNG and cryogenics, mining and shipbuilding. Velan is listed under VLN on the Toronto Stock Exchange.
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Stocks in this category are held primarily for capital appreciation.
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