Valeo (OTCMKTS:VLEEY) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Valeo SE (OTCMKTS:VLEEY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.93 and traded as high as $5.05. Valeo shares last traded at $5.01, with a volume of 10,292 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on VLEEY shares. Berenberg Bank raised Valeo to a “strong-buy” rating in a research note on Thursday, May 1st. Dbs Bank lowered Valeo to a “hold” rating in a report on Wednesday. Finally, BNP Paribas raised shares of Valeo to a “hold” rating in a research note on Thursday, March 13th.

Valeo Trading Up 0.8 %

The company has a current ratio of 0.84, a quick ratio of 0.65 and a debt-to-equity ratio of 1.13. The business’s 50-day simple moving average is $4.86 and its 200 day simple moving average is $4.93.

Valeo Company Profile

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.