Valeo SE (OTCMKTS:VLEEY) reached a new 52-week low on Thursday . The stock traded as low as $12.62 and last traded at $12.80, with a volume of 52950 shares trading hands. The stock had previously closed at $13.47.
VLEEY has been the topic of several research reports. Barclays reissued an “equal weight” rating on shares of Valeo in a report on Monday, August 2nd. Zacks Investment Research cut shares of Valeo from a “hold” rating to a “sell” rating in a research report on Wednesday. Berenberg Bank reissued a “buy” rating on shares of Valeo in a research note on Monday, July 26th. Finally, Royal Bank of Canada reiterated an “underperform” rating on shares of Valeo in a report on Wednesday, August 11th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $20.00.
The company has a market cap of $6.18 billion, a price-to-earnings ratio of -4.92 and a beta of 2.03. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.68 and a current ratio of 0.85. The stock’s fifty day simple moving average is $14.16 and its two-hundred day simple moving average is $15.78.
Valeo SE is engaged in the design, production, and sale of components, integrated systems, and modules for the automobile industry. It operates through following business segments: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems and Visibility Systems. The Powertrain Systems segment deals with electrical, transmission, engine management, air management, and hybrid/electric vehicle systems.
Recommended Story: Purposes and Functions of the Federal Reserve
Receive News & Ratings for Valeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeo and related companies with MarketBeat.com's FREE daily email newsletter.