Short Interest in Valeo S.A. (OTCMKTS:VLEEY) Drops By 60.7%

Valeo S.A. (OTCMKTS:VLEEYGet Free Report) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 129 shares, a decrease of 60.7% from the November 30th total of 328 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,778 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 2,778 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of Valeo in a research note on Monday, October 27th. Morgan Stanley restated an “overweight” rating on shares of Valeo in a report on Friday, October 31st. Sanford C. Bernstein cut Valeo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Finally, Citigroup reiterated a “neutral” rating on shares of Valeo in a research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Valeo currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on Valeo

Valeo Price Performance

VLEEY stock traded down $0.21 during trading on Friday, reaching $6.69. The company had a trading volume of 1,038 shares, compared to its average volume of 8,504. The company has a debt-to-equity ratio of 1.23, a current ratio of 0.79 and a quick ratio of 0.61. Valeo has a 52 week low of $3.75 and a 52 week high of $7.35. The business has a 50 day moving average of $6.62 and a 200 day moving average of $6.10.

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.

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