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

Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) shares traded down 4.5% during trading on Tuesday . The stock traded as low as $4.89 and last traded at $4.89. 345 shares traded hands during 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

Several equities research analysts recently issued reports on the company. Dbs Bank downgraded Valeo to a "hold" rating in a report on Wednesday, May 7th. Berenberg Bank raised Valeo to a "strong-buy" rating in a research report on Thursday, May 1st. Finally, BNP Paribas upgraded shares of Valeo to a "hold" rating in a research note on Thursday, March 13th.

Valeo Price Performance

The company's 50-day simple moving average is $5.04 and its 200 day simple moving average is $5.06. 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 Cuts Dividend

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

About Valeo

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.