Is Velan Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Velan Inc pays dividends. Last time was Friday 30th of June 2023 where the investors holding the stock on Thursday 15th of June 2023 were paid $0.03 per share. Over the last 61 times between 1999 and 2023, Velan Inc has paid $5.641 with an average of $0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Velan Inc 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $6.90, you would have made a loss of $-0.530 per share or -7.68%
No, the average daily trading liquidity for Velan Inc is $6 912 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Velan Inc has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.10, the company's ability to pay off the debt is normal. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Velan Inc to be low [0.45 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.