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Valeo (OTCMKTS:VLEEY) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Valeo logo with Auto/Tires/Trucks background

Key Points

  • Valeo S.A. shares rose above their 200-day moving average, trading at $6.35 with a high of $6.42 during Wednesday's trading session.
  • Wall Street analysts have a consensus rating of "Moderate Buy" for Valeo, with one Strong Buy, one Buy, and three Hold ratings assigned.
  • The company reported a debt-to-equity ratio of 1.08 and has been experiencing a recent stock decline of 2.6%.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of Valeo S.A. (OTCMKTS:VLEEY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.39 and traded as high as $6.42. Valeo shares last traded at $6.35, with a volume of 1,727 shares trading hands.

Wall Street Analyst Weigh In

VLEEY has been the subject of several recent research reports. Morgan Stanley raised Valeo to an "overweight" rating in a research note on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Valeo in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

View Our Latest Analysis on Valeo

Valeo Stock Down 2.6%

The firm has a 50 day moving average of $5.98 and a 200 day moving average of $5.39. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 0.81.

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.

Further Reading

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