Valeo S.A. (OTCMKTS:VLEEY) Short Interest Down 60.7% in December
by Mitch Edgeman · The Markets DailyValeo S.A. (OTCMKTS:VLEEY – Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 129 shares, a drop of 60.7% from the November 30th total of 328 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,778 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,778 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Valeo Price Performance
Shares of OTCMKTS VLEEY traded down $0.21 during midday trading on Friday, reaching $6.69. The company had a trading volume of 1,038 shares, compared to its average volume of 8,504. Valeo has a one year low of $3.75 and a one year high of $7.35. The firm’s fifty day moving average price is $6.62 and its 200-day moving average price is $6.10. The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Sanford C. Bernstein downgraded shares of Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Morgan Stanley restated an “overweight” rating on shares of Valeo in a research report on Friday, October 31st. Jefferies Financial Group reiterated a “hold” rating on shares of Valeo in a report on Monday, October 27th. Finally, Citigroup reiterated a “neutral” rating on shares of Valeo in a research report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Research Report on VLEEY
Valeo Company Profile
Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.
The company operates across four main business segments.