Valeo (OTCMKTS:VLEEY) Reaches New 12-Month High – Still a Buy?

Shares of Valeo S.A. (OTCMKTS:VLEEY) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $7.47 and last traded at $7.47, with a volume of 2820 shares. The stock had previously closed at $7.2460.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VLEEY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Valeo in a report on Thursday, January 15th. Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a report on Thursday, January 8th. Jefferies Financial Group restated a “hold” rating on shares of Valeo in a research report on Monday, October 27th. Sanford C. Bernstein lowered Valeo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Finally, Citigroup restated a “neutral” rating on shares of Valeo in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Valeo currently has an average rating of “Hold”.

Valeo Stock Down 1.2%

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 has a fifty day moving average price of $6.71 and a 200 day moving average price of $6.34.

Valeo Company Profile

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.