Valeo (OTCMKTS:VLEEY) Shares Gap Up – Still a Buy?

Valeo S.A. (OTCMKTS:VLEEYGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $7.04, but opened at $7.41. Valeo shares last traded at $7.41, with a volume of 211 shares traded.

Analyst Ratings Changes

Separately, Morgan Stanley restated an “overweight” rating on shares of Valeo in a report on Thursday. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Stock Report on Valeo

Valeo Stock Up 2.2%

The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.66. The business’s fifty day moving average is $7.57 and its 200-day moving average is $7.03.

Valeo Company Profile

(Get Free Report)

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.

Recommended Stories

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.