D
Velan Inc. VLNSF
$4.24 $0.13513.30%
Recommendation
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
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EPS (TTM)
D
Sell 10/6/2023Downgrade
Velan Inc. (VLNSF) was downgraded to D- from D on 10/6/2023 due to a decline in the volatility index and total return index.
D
Sell 8/18/2023Upgraded
Velan Inc. (VLNSF) was upgraded to D from D- on 8/18/2023 due to an increase in the volatility index, dividend index and valuation index.
D
Sell 8/3/2023Downgrade
Velan Inc. (VLNSF) was downgraded to D- from D on 8/3/2023 due to a substantial decline in the total return index and volatility index.
D
Sell 7/19/2023Upgraded
Velan Inc. (VLNSF) was upgraded to D from D- on 7/19/2023 due to an increase in the volatility index and dividend index.
D
Sell 5/25/2023Downgrade
Velan Inc. (VLNSF) was downgraded to D- from C- on 5/25/2023 due to a major decline in the efficiency index. Net income declined 1,821.94% from $2.74M to -$47.16M, and total capital declined 17.66% from $293.6M to $241.75M.
C
Hold 3/20/2023Upgraded
Velan Inc. (VLNSF) was upgraded to C- from D+ on 3/20/2023 due to a substantial increase in the total return index and volatility index.
D
Sell 3/6/2023Upgraded
Velan Inc. (VLNSF) was upgraded to D+ from D on 3/6/2023 due to a substantial increase in the efficiency index, volatility index and growth index. EBIT increased 163.15% from -$5.6M to $3.54M, net income increased 137.26% from -$7.35M to $2.74M, and earnings per share increased from -$0.3406 to $0.1269.
D
Sell 9/6/2022Downgrade
Velan Inc. (VLNSF) was downgraded to D from D+ on 9/6/2022 due to a substantial decline in the efficiency index, total return index and solvency index. Debt to equity increased from 0.12 to 0.14, the quick ratio declined from 1.22 to 1.09, and total capital declined 3.67% from $309.53M to $298.18M.
D
Sell 5/19/2022Downgrade
Velan Inc. (VLNSF) was downgraded to D+ from C on 5/19/2022 due to a significant decline in the growth index, valuation index and efficiency index. Earnings per share declined from $0.2088 to -$1.19, net income declined 667.78% from $4.51M to -$25.59M, and total capital declined 12.75% from $354.76M to $309.53M.
C
Hold 1/28/2022Upgraded
Velan Inc. (VLNSF) was upgraded to C from C- on 1/28/2022 due to an increase in the total return index and volatility index.
C
Hold 1/13/2022Downgrade
Velan Inc. (VLNSF) was downgraded to C- from C on 1/13/2022 due to a large decline in the valuation index, efficiency index and growth index. Net income declined 10.13% from $5.02M to $4.51M, and total capital declined 7.56% from $383.77M to $354.76M.
C
Hold 1/10/2022Upgraded
Velan Inc. (VLNSF) was upgraded to C from C- on 1/10/2022 due to an increase in the volatility index, total return index and valuation index.
C
Hold 11/3/2021Downgrade
Velan Inc. (VLNSF) was downgraded to C- from C on 11/3/2021 due to a decline in the volatility index and valuation index.
C
Hold 10/11/2021Upgraded
Velan Inc. (VLNSF) was upgraded to C from D+ on 10/11/2021 due to a significant increase in the growth index, efficiency index and valuation index. EBIT increased 3,365.85% from $287 to $9.95M, net income increased 198.86% from -$5.07M to $5.02M, and earnings per share increased from -$0.235 to $0.2323.
D
Sell 7/14/2021Downgrade
Velan Inc. (VLNSF) was downgraded to D+ from C- on 7/14/2021 due to a significant decline in the valuation index, efficiency index and growth index. Net income declined 1,600.89% from $338 to -$5.07M, EBIT declined 197.26% from -$1.31M to -$3.91M, and total revenue declined 12.84% from $85.51M to $74.53M.
C
Hold 6/29/2021Downgrade
Velan Inc. (VLNSF) was downgraded to C- from C on 6/29/2021 due to a decline in the volatility index and valuation index.
C
Hold 6/10/2021Upgraded
Velan Inc. (VLNSF) was upgraded to C from C- on 6/10/2021 due to an increase in the valuation index, total return index and volatility index.
C
Hold 5/20/2021Upgraded
Velan Inc. (VLNSF) was upgraded to C- from D on 5/20/2021 due to a significant increase in the valuation index, efficiency index and total return index. Total capital increased 3.74% from $370.42M to $384.27M.
D
Sell 1/29/2021Upgraded
Velan Inc. (VLNSF) was upgraded to D from D- on 1/29/2021 due to a noticeable increase in the volatility index, growth index and total return index. EBIT increased 379.21% from -$832 to $2.32M, and total revenue increased 4.71% from $68.34M to $71.56M.
D
Sell 11/16/2020Upgraded
Velan Inc. (VLNSF) was upgraded to D- from E+ on 11/16/2020 due to an increase in the total return index and volatility index.
E
Sell 10/9/2020Downgrade
Velan Inc. (VLNSF) was downgraded to E+ from D- on 10/9/2020 due to a noticeable decline in the growth index, dividend index and solvency index. Earnings per share declined from -$0.09 to -$0.24, EBIT declined 130.29% from $2.75M to -$832, and operating cash flow declined 100.73% from $19.24M to -$140.
D
Sell 5/1/2020Downgrade
Velan Inc. (VLNSF) was downgraded to D- from D on 5/1/2020 due to a substantial decline in the efficiency index, total return index and volatility index. Net income declined 159.82% from $1.37M to -$819, and total capital declined 1.67% from $379.26M to $372.94M.
D
Sell 12/28/2018Downgrade
Velan Inc. (VLNSF) was downgraded to D from D+ on 12/28/2018 due to a significant decline in the valuation index, efficiency index and total return index. Total capital declined 3.36% from $359.76M to $347.67M.
D
Sell 7/5/2017Downgrade
Velan Inc. (VLNSF) was downgraded to D+ from C- on 7/5/2017 due to a decline in the volatility index.
C
Hold 6/12/2017Downgrade
Velan Inc. (VLNSF) was downgraded to C- from C on 6/12/2017 due to a decline in the volatility index.
C
Hold 5/26/2017Upgraded
Velan Inc. (VLNSF) was upgraded to C from C- on 5/26/2017 due to a significant increase in the valuation index, growth index and efficiency index. Net income increased 146.97% from $1.5M to $3.71M, earnings per share increased from $0.0691 to $0.1702, and EBIT increased 37.23% from $3.14M to $4.31M.
C
Hold 4/12/2017Downgrade
Velan Inc. (VLNSF) was downgraded to C- from C on 4/12/2017 due to a large decline in the volatility index and total return index.
C
Hold 1/20/2017Upgraded
Velan Inc. (VLNSF) was upgraded to C from D+ on 1/20/2017 due to an increase in the solvency index and dividend index. Debt to equity declined from 0.09 to 0.07.
D
Sell 1/4/2016Downgrade
Velan Inc. (VLNSF) was downgraded to D+ from C- on 01/04/2016.
C
Hold 12/1/2015Downgrade
Velan, Inc. (VLNSF) was downgraded to C- from C on 12/1/2015 due to a decline in the total return index, volatility index and valuation index.
C
Hold 10/1/2015Downgrade
Velan Inc. (VLNSF) was downgraded to C from B- on 10/01/2015.
B
Buy 9/1/2015Downgrade
Velan Inc. (VLNSF) was downgraded to B- from B+ on 09/01/2015.
B
Buy 8/18/2015Upgraded
Velan, Inc. (VLNSF) was upgraded to B+ from B on 8/18/2015 due to a large increase in the total return index and volatility index.
B
Buy 7/10/2015None
Weiss Ratings