Valeo S.A. (OTCMKTS:VLEEY – Get Free Report) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 3,545 shares, a drop of 72.8% from the July 30th total of 13,056 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,187 shares, the days-to-cover ratio is currently 1.6 days.
Analyst Upgrades and Downgrades
Several research firms have commented on VLEEY. Citigroup restated a “neutral” rating on shares of Valeo in a research report on Tuesday, August 11th. Morgan Stanley reissued an “overweight” rating on shares of Valeo in a report on Thursday, July 16th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Read Our Latest Stock Report on Valeo
Valeo Price Performance
Valeo Company Profile
Valeo is a global automotive supplier headquartered in the Paris region, with its American depositary shares trading OTC under the symbol VLEEY. Founded in France in the early 20th century, the company has grown to serve original equipment manufacturers, automakers and the aftermarket with a comprehensive portfolio of mobility solutions. Valeo’s mission centers on providing innovative systems and components that enhance vehicle performance, safety and environmental sustainability.
The company operates across four main business segments.
See Also
- Five stocks we like better than Valeo
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
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.
