Valeo S.A. (OTCMKTS:VLEEY – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 3,545 shares, a decrease of 72.8% from the July 30th total of 13,056 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,187 shares, the short-interest ratio is presently 1.6 days.
Valeo Trading Up 2.2%
Shares of OTCMKTS VLEEY opened at $8.22 on Thursday. The business’s 50 day moving average price is $7.82 and its 200 day moving average price is $7.26. The company has a current ratio of 0.86, a quick ratio of 0.66 and a debt-to-equity ratio of 1.33. Valeo has a 52 week low of $5.62 and a 52 week high of $9.93.
Analyst Ratings Changes
Several analysts have recently weighed in on VLEEY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a research note on Thursday, July 16th. Citigroup reaffirmed a “neutral” rating on shares of Valeo in a research report on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.
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.
