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Valeo (OTCMKTS:VLEEY) Sets New 12-Month High - Here's What Happened

Valeo logo with Auto/Tires/Trucks background

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $6.15 and last traded at $6.15, with a volume of 14481 shares changing hands. The stock had previously closed at $5.77.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VLEEY shares. Morgan Stanley upgraded Valeo to an "overweight" rating in a report on Thursday, June 26th. Dbs Bank downgraded Valeo to a "hold" rating in a report on Wednesday, May 7th. Finally, Berenberg Bank upgraded Valeo to a "strong-buy" rating in a report on Thursday, May 1st.

View Our Latest Analysis on Valeo

Valeo Stock Down 1.7%

The firm has a fifty day moving average of $5.40 and a 200 day moving average of $5.23. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.81 and a quick ratio of 0.62.

Valeo Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were paid a dividend of $0.1742 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 3.35%.

About Valeo

(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.

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