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

Key Points

• Valeo S.A. shares reached a new 52-week high at $6.57 during trading, showing a notable increase from the previous close of $6.25.
• Analysts have mixed ratings on Valeo, with a consensus rating of "Moderate Buy," including one strong buy and three hold ratings.
• The company's debt-to-equity ratio stands at 1.08, indicating some leverage in its capital structure, while its stock is performing above both the 50-day and 200-day moving averages.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $6.57 and last traded at $6.57, with a volume of 548 shares changing hands. The stock had previously closed at $6.25.

Analyst Ratings Changes

VLEEY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Valeo in a research report on Friday, July 25th. Morgan Stanley raised shares of Valeo to an "overweight" rating in a research report on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy".

Valeo Stock Performance

The business's 50 day simple moving average is $5.94 and its 200 day simple moving average is $5.37. The company has a current ratio of 0.81, a quick ratio of 0.62 and a debt-to-equity ratio of 1.08.

Valeo Company Profile

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.