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Valeo (OTCMKTS:VLEEY) Shares Gap Down - What's Next?

Valeo logo with Auto/Tires/Trucks background

Shares of Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $5.25, but opened at $4.99. Valeo shares last traded at $5.00, with a volume of 687 shares traded.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on Valeo

Valeo Trading Down 2.5%

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 stock's 50-day moving average is $5.01 and its 200-day moving average is $5.06.

Valeo Cuts Dividend

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

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.

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