Valeo (OTCMKTS:VLEEY) Shares Gap Up – Time to Buy?

Valeo S.A. (OTCMKTS:VLEEYGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $8.22, but opened at $9.74. Valeo shares last traded at $9.93, with a volume of 1,237 shares.

Valeo Price Performance

The company has a quick ratio of 0.66, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average price is $6.58 and its 200-day moving average price is $6.76.

About Valeo

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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.

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