Valeo (OTCMKTS:VLEEY) Shares Gap Down - Should You Sell?

Key Points

• Valeo shares gapped down from $6.15 to $5.91 at market open, marking a 3.9% decrease.
• Equities analysts have mostly issued positive ratings for Valeo, with one Strong Buy, one Buy, and three Hold ratings, resulting in a consensus rating of "Moderate Buy."
• The company has a debt-to-equity ratio of 1.08 and below 1.0 for both its current and quick ratios, indicating potential liquidity concerns.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $6.15, but opened at $5.91. Valeo shares last traded at $5.91, with a volume of 219 shares changing hands.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Morgan Stanley raised shares of Valeo to an "overweight" rating in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Valeo in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

Valeo Stock Performance

The business's 50 day moving average price is $5.87 and its 200 day moving average price is $5.33. 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

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.