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.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on VLEEY shares. Morgan Stanley raised Valeo to an "overweight" rating in a research note on Thursday. Dbs Bank lowered Valeo to a "hold" rating in a research note on Wednesday, May 7th. Berenberg Bank raised Valeo to a "strong-buy" rating in a research note on Thursday, May 1st. Finally, BNP Paribas raised Valeo to a "hold" rating in a research note on Thursday, March 13th.
Get Our Latest Stock Report on Valeo
Valeo Trading Up 2.6%
The firm has a fifty day simple moving average of $5.06 and a 200 day simple moving average of $5.06. The company has a current ratio of 0.81, a quick ratio of 0.62 and a debt-to-equity ratio of 1.08.
Valeo Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Monday, May 26th will be issued a dividend of $0.1742 per share. The ex-dividend date is Friday, May 23rd. This represents a yield of 3.35%.
About Valeo
(
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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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