Free Trial

Valeo (OTCMKTS:VLEEY) Shares Cross Above 200-Day Moving Average - Here's Why

Valeo logo with Auto/Tires/Trucks background

Valeo SE (OTCMKTS:VLEEY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.00 and traded as high as $5.11. Valeo shares last traded at $5.11, with a volume of 1,138 shares.

Analyst Ratings Changes

A number of research firms have recently weighed in on VLEEY. Berenberg Bank raised shares of Valeo to a "strong-buy" rating in a research report on Thursday, May 1st. Dbs Bank cut shares of Valeo to a "hold" rating in a research note on Wednesday, May 7th. Finally, BNP Paribas upgraded Valeo to a "hold" rating in a report on Thursday, March 13th.

Check Out Our Latest Stock Report on Valeo

Valeo Trading Down 2.9%

The company has a 50-day moving average of $4.88 and a two-hundred day moving average of $5.00. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.65 and a current ratio of 0.84.

Valeo Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.1742 per share. This represents a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, May 23rd.

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Valeo Right Now?

Before you consider Valeo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valeo wasn't on the list.

While Valeo currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines