Valeo (OTCMKTS:VLEEY) Sets New 1-Year High – Here’s Why

Valeo S.A. (OTCMKTS:VLEEY) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $7.00 and last traded at $6.98, with a volume of 577 shares traded. The stock had previously closed at $5.81.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of Valeo in a research report on Monday, October 6th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Valeo in a report on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Valeo presently has a consensus rating of “Moderate Buy”.

Valeo Trading Up 11.1%

The company has a debt-to-equity ratio of 1.23, a current ratio of 0.79 and a quick ratio of 0.61. The business’s 50-day simple moving average is $6.12 and its two-hundred day simple moving average is $5.56.

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.