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

Key Points

• Valeo S.A. (OTCMKTS: VLEEY) shares gapped up from $5.82 to $6.25 at market open, indicating increased investor interest and positive momentum.
• Wall Street analysts have mixed reviews on Valeo, with a consensus rating of "Moderate Buy" based on one Strong Buy, one Buy, and four Hold ratings.
• The company's financial ratios, including a current ratio of 0.79 and a debt-to-equity ratio of 1.23, suggest potential challenges in liquidity and financial leverage.

Shares of Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $5.82, but opened at $6.25. Valeo shares last traded at $6.25, with a volume of 108 shares.

Wall Street Analyst Weigh In

Several research firms have commented on VLEEY. Morgan Stanley raised shares of Valeo to an "overweight" rating in a research note on Thursday, June 26th. Citigroup reaffirmed a "neutral" rating on shares of Valeo in a research note on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Valeo in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

Valeo Trading Up 8.1%

The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23. The stock's 50-day simple moving average is $6.09 and its 200-day simple moving average is $5.51.

Valeo Company Profile

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.

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.