Valeo (OTCMKTS:VLEEY) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Valeo SE (OTCMKTS:VLEEY)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $5.11 and traded as high as $5.55. Valeo shares last traded at $5.54, with a volume of 9,445 shares.

Analysts Set New Price Targets

Separately, BNP Paribas raised Valeo to a “hold” rating in a research note on Thursday, March 13th.

Valeo Price Performance

The company has a debt-to-equity ratio of 1.13, a current ratio of 0.84 and a quick ratio of 0.65. The company’s 50 day moving average is $5.52 and its two-hundred day moving average is $5.11.

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.