Valeo S.A. (OTCMKTS:VLEEY - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.24 and traded as high as $5.50. Valeo shares last traded at $5.46, with a volume of 26,245 shares traded.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on VLEEY shares. Morgan Stanley upgraded shares of Valeo to an "overweight" rating in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Valeo in a report on Friday, July 25th. Dbs Bank downgraded shares of Valeo to a "hold" rating in a research note on Wednesday, May 7th. Finally, Berenberg Bank raised shares of Valeo to a "strong-buy" rating in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".
Read Our Latest Report on Valeo
Valeo Stock Up 0.6%
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 firm's 50 day simple moving average is $5.43 and its 200 day simple moving average is $5.25.
Valeo Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, May 26th were issued a dividend of $0.1742 per share. This represents a dividend yield of 335.0%. The ex-dividend date of this dividend was Friday, May 23rd.
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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