VALEO/S (OTCMKTS:VLEEY) Stock Crosses Above 200 Day Moving Average of $12.09

Shares of VALEO/S (OTCMKTS:VLEEY) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $12.09 and traded as high as $13.11. VALEO/S shares last traded at $12.86, with a volume of 46,344 shares changing hands.

Several research firms recently commented on VLEEY. Zacks Investment Research raised shares of VALEO/S from a “sell” rating to a “hold” rating in a report on Friday, April 10th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of VALEO/S in a report on Thursday, July 23rd. ValuEngine raised shares of VALEO/S from a “hold” rating to a “buy” rating in a report on Friday, July 24th. Morgan Stanley raised shares of VALEO/S from an “equal weight” rating to an “overweight” rating in a report on Friday, May 29th. Finally, Bank of America raised shares of VALEO/S from an “underperform” rating to a “buy” rating in a report on Monday, June 15th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold”.

The company’s 50-day simple moving average is $13.15 and its 200 day simple moving average is $12.09. The company has a current ratio of 0.96, a quick ratio of 0.70 and a debt-to-equity ratio of 0.81.

About VALEO/S (OTCMKTS:VLEEY)

Valeo SA designs, produces, and sells components, integrated systems, and modules for the automotive sector worldwide. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems. It offers parking and driving assistance products, such as ultrasonic sensors, radars, and cameras to detect obstacles around vehicles; intuitive control products; and a range of connectivity solutions from short-range to long-range connectivity, as well as develops systems that enable the integration of applications, such as car sharing services and remote parking systems.

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