Valeo (OTCMKTS:VLEEY) Hits New 1-Year High – Should You Buy?

Valeo S.A. (OTCMKTS:VLEEY) shares reached a new 52-week high on Wednesday . The stock traded as high as $7.61 and last traded at $7.61, with a volume of 725 shares. The stock had previously closed at $7.1580.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on VLEEY shares. Sanford C. Bernstein downgraded Valeo from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 25th. Jefferies Financial Group restated a “hold” rating on shares of Valeo in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Valeo in a research note on Thursday, January 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Valeo Trading Up 6.3%

The company has a quick ratio of 0.61, a current ratio of 0.79 and a debt-to-equity ratio of 1.23. The firm’s 50 day simple moving average is $6.81 and its 200 day simple moving average is $6.42.

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.