Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.21 and traded as high as $6.21. Valeo shares last traded at $6.21, with a volume of 17,640 shares changing hands.
Wall Street Analyst Weigh In
Several research firms have recently commented on VLEEY. Dbs Bank downgraded Valeo to a "hold" rating in a research report on Wednesday, May 7th. Morgan Stanley raised Valeo to an "overweight" rating in a research report on Thursday, June 26th. Finally, Berenberg Bank raised Valeo to a "strong-buy" rating in a research report on Thursday, May 1st.
Read Our Latest Analysis on VLEEY
Valeo Price Performance
The company has a debt-to-equity ratio of 1.08, a current ratio of 0.81 and a quick ratio of 0.62. The company has a 50 day moving average price of $5.40 and a 200 day moving average price of $5.23.
Valeo Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, May 26th were paid a dividend of $0.1742 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a yield of 3.35%.
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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