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Valeo (OTCMKTS:VLEEY) Stock Price Crosses Above 200-Day Moving Average - Should You Sell?

Valeo logo with Auto/Tires/Trucks background

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.17 and traded as high as $5.74. Valeo shares last traded at $5.70, with a volume of 3,215 shares changing hands.

Analyst Upgrades and Downgrades

VLEEY has been the topic of a number of recent research reports. Dbs Bank lowered Valeo to a "hold" rating in a research report on Wednesday, May 7th. Morgan Stanley raised Valeo to an "overweight" rating in a report on Thursday, June 26th. Finally, Berenberg Bank raised Valeo to a "strong-buy" rating in a report on Thursday, May 1st.

Read Our Latest Analysis on VLEEY

Valeo Price Performance

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 0.81. The company has a 50-day moving average of $5.34 and a 200 day moving average of $5.19.

Valeo Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were issued a $0.1742 dividend. This represents a yield of 3.35%. The ex-dividend date was 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.

See Also

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