Valeo (OTCMKTS:VLEEY) Shares Gap Up – What’s Next?

by · The Markets Daily

Valeo S.A. (OTCMKTS:VLEEY – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $6.43, but opened at $6.65. Valeo shares last traded at $6.65, with a volume of 1,000 shares trading hands.

Analysts Set New Price Targets

VLEEY has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Valeo in a report on Monday, October 27th. Citigroup restated a “neutral” rating on shares of Valeo in a research report on Monday, October 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a research report on Friday, October 31st. Finally, Sanford C. Bernstein cut Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on Valeo

Valeo Stock Performance

The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.61 and a current ratio of 0.79. The stock has a 50 day simple moving average of $6.50 and a 200 day simple moving average of $6.04.

Valeo Company Profile

(Get Free Report)

Valeo SE designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.

Further Reading