Valeo SE (OTCMKTS:VLEEY – Get Rating) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 3,400 shares, a growth of 142.9% from the August 15th total of 1,400 shares. Based on an average daily trading volume, of 67,900 shares, the short-interest ratio is currently 0.1 days.
Analysts Set New Price Targets
A number of research firms recently commented on VLEEY. Societe Generale increased their price objective on Valeo from €19.00 ($19.39) to €21.00 ($21.43) in a report on Wednesday, July 27th. Barclays downgraded Valeo from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 6th. Cheuvreux downgraded Valeo from a "hold" rating to a "reduce" rating in a report on Tuesday, June 14th. Finally, Berenberg Bank increased their price objective on Valeo from €23.00 ($23.47) to €24.00 ($24.49) in a report on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $23.00.
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Valeo Price Performance
VLEEY opened at $9.43 on Thursday. Valeo has a 1-year low of $7.56 and a 1-year high of $16.87. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.89 and a quick ratio of 0.65. The business has a 50 day moving average of $9.84 and a 200-day moving average of $9.64.
Valeo Company Profile
(Get Rating)
Valeo SE designs, produces, and sells components, systems, and services 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.
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