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Valeo (OTCMKTS:VLEEY) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Valeo logo with Auto/Tires/Trucks background

Valeo SE (OTCMKTS:VLEEY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.94 and traded as high as $5.25. Valeo shares last traded at $5.19, with a volume of 3,695 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VLEEY. 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 research note on Wednesday, May 7th. Finally, Berenberg Bank upgraded shares of Valeo to a "strong-buy" rating in a research note on Thursday, May 1st.

Check Out Our Latest Stock Report on VLEEY

Valeo Trading Down 5.6%

The company's 50 day moving average price is $4.83 and its two-hundred day moving average price is $4.95. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.13.

Valeo Cuts Dividend

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

About Valeo

(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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