Valeo (OTCMKTS:VLEEY) Shares Gap Down – Time to Sell?

Valeo S.A. (OTCMKTS:VLEEY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $6.91, but opened at $6.14. Valeo shares last traded at $6.13, with a volume of 536 shares changing hands.

Wall Street Analyst Weigh In

VLEEY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Valeo in a report on Friday, July 25th. Citigroup restated a “neutral” rating on shares of Valeo in a research note on Monday, October 6th. Morgan Stanley restated an “overweight” rating on shares of Valeo in a report on Friday, October 31st. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Valeo in a research report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Valeo Trading Up 0.3%

The company has a current ratio of 0.79, a quick ratio of 0.61 and a debt-to-equity ratio of 1.23. The company’s 50 day moving average is $6.44 and its 200-day moving average is $5.87.

About Valeo

Valeo SE designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.