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Valeo (OTCMKTS:VLEEY) Stock Passes Above 200-Day Moving Average - Here's What Happened

Valeo logo with Auto/Tires/Trucks background

Key Points

  • Valeo S.A. shares surpassed their 200-day moving average of $5.27, trading at a high of $6.02 during Monday's trading session.
  • Investment analysts have varying opinions on Valeo, with one firm issuing a strong-buy rating, while three others maintain a hold rating, leading to an average rating of "Moderate Buy".
  • The company exhibits a debt-to-equity ratio of 1.08, indicating a modest level of debt relative to its equity.
  • Five stocks we like better than Valeo.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.27 and traded as high as $6.02. Valeo shares last traded at $6.02, with a volume of 3,582 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Morgan Stanley raised Valeo to an "overweight" rating in a research report on Thursday, June 26th. Dbs Bank lowered Valeo to a "hold" rating in a research report on Wednesday, May 7th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Valeo in a research report on Friday, July 25th. Finally, Berenberg Bank raised Valeo to a "strong-buy" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Valeo currently has a consensus rating of "Moderate Buy".

Get Our Latest Report on Valeo

Valeo Trading Up 5.8%

The company has a 50 day moving average of $5.67 and a two-hundred day moving average of $5.29. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 0.81.

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.

Further Reading

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