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

Shares of Valeo S.A. (OTCMKTS:VLEEY) gapped down before the market opened on Tuesday . The stock had previously closed at $6.15, but opened at $5.91. Valeo shares last traded at $5.91, with a volume of 219 shares trading hands.

Analysts Set New Price Targets

Several research firms have weighed in on VLEEY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Valeo in a research report on Friday, July 25th. Morgan Stanley raised Valeo to an “overweight” rating in a research note on Thursday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Valeo Price Performance

The stock has a 50 day moving average price of $5.83 and a two-hundred day moving average price of $5.32. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.62 and a current ratio of 0.81.

Valeo Company Profile

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.