Valeo S.A. (OTCMKTS:VLEEY – Get Free Report) was down 14.3% during mid-day trading on Friday. The company traded as low as $6.39 and last traded at $6.39. Approximately 344 shares traded hands during trading, a decline of 93% from the average daily volume of 5,067 shares. The stock had previously closed at $7.46.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on VLEEY. Citigroup reiterated a “neutral” rating on shares of Valeo in a research note on Tuesday, August 11th. Morgan Stanley restated an “overweight” rating on shares of Valeo in a research report on Thursday, July 16th. Finally, Jefferies Financial Group upgraded shares of Valeo from a “hold” rating to a “buy” rating in a report on Tuesday, September 22nd. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Valeo presently has an average rating of “Hold”.
Get Our Latest Report on VLEEY
Valeo Stock Performance
The company’s 50 day moving average price is $8.14 and its two-hundred day moving average price is $7.67.
Valeo Company Profile
Valeo SE is a France-based automotive technology supplier that develops and manufactures systems and components for vehicle manufacturers and the automotive aftermarket. The company supplies products designed to support vehicle electrification, driver assistance, safety, comfort and improved energy efficiency.
Its product portfolio includes electric powertrain and charging technologies, thermal-management systems, lighting and visibility products, electrical and electronic systems, and advanced driver-assistance technologies.
Further Reading
- Five stocks we like better than Valeo
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
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.
