Valeo (OTCMKTS:VLEEY) Stock Price Down 4.5% - Should You Sell?

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report)'s share price fell 4.5% during trading on Tuesday . The stock traded as low as $4.89 and last traded at $4.89. 345 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 13,197 shares. The stock had previously closed at $5.12.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Morgan Stanley raised shares of Valeo to an "overweight" rating in a research report on Thursday. Berenberg Bank raised shares of Valeo to a "strong-buy" rating in a research note on Thursday, May 1st. Dbs Bank downgraded shares of Valeo to a "hold" rating in a research note on Wednesday, May 7th. Finally, BNP Paribas upgraded shares of Valeo to a "hold" rating in a report on Thursday, March 13th.

Valeo Price Performance

The firm's 50-day moving average price is $5.06 and its 200 day moving average price is $5.06. The company has a current ratio of 0.81, a quick ratio of 0.62 and a debt-to-equity ratio of 1.08.

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 issued a $0.1742 dividend. This represents a yield of 3.35%. The ex-dividend date was Friday, May 23rd.

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.