Zacks Investment Research cut shares of Valeo S.A. (OTCMKTS:VLEEY) from a buy rating to a hold rating in a report issued on Saturday.
According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “
Shares of Valeo (OTCMKTS:VLEEY) traded down 1.440% during mid-day trading on Friday, reaching $36.014. 201,465 shares of the company were exchanged. The firm has a market capitalization of $17.17 billion, a price-to-earnings ratio of 14.274 and a beta of 1.56. Valeo has a 12 month low of $26.33 and a 12 month high of $37.95. The company’s 50-day moving average is $36.60 and its 200 day moving average is $35.19.
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Valeo Company Profile
Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.
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