Valeo (OTCMKTS:VLEEY) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Valeo S.A. shares have crossed above their 200-day moving average, with the stock last trading at $6.25.
• Equities research analysts have given Valeo a consensus rating of "Moderate Buy", reflecting a mix of ratings from Strong Buy to Hold.
• The company's current ratios indicate potential liquidity concerns, with a current ratio of 0.81 and a quick ratio of 0.62.

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.34 and traded as high as $6.25. Valeo shares last traded at $6.25, with a volume of 1,235 shares trading hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of Valeo to an "overweight" rating in a research report on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Valeo in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

Valeo Stock Performance

The company's 50-day moving average is $5.94 and its two-hundred day moving average is $5.37. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.81 and a quick ratio of 0.62.

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.