Valeo SE (OTCMKTS:VLEEY – Get Rating) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 1,400 shares, a drop of 58.8% from the August 31st total of 3,400 shares. Based on an average trading volume of 119,300 shares, the short-interest ratio is currently 0.0 days.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on VLEEY shares. Societe Generale raised their price target on shares of Valeo from €19.00 ($19.39) to €21.00 ($21.43) in a research note on Wednesday, July 27th. Cheuvreux downgraded shares of Valeo from a "hold" rating to a "reduce" rating in a research note on Tuesday, June 14th. Barclays downgraded shares of Valeo from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, July 6th. Finally, Berenberg Bank raised their price target on shares of Valeo from €23.00 ($23.47) to €24.00 ($24.49) in a research note on Monday, August 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Valeo presently has a consensus rating of "Hold" and an average target price of $23.00.
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Valeo Price Performance
OTCMKTS VLEEY traded up $0.28 on Thursday, hitting $8.08. 110,317 shares of the company were exchanged, compared to its average volume of 83,026. Valeo has a 12 month low of $7.56 and a 12 month high of $16.87. The stock has a fifty day moving average of $9.68 and a 200-day moving average of $9.62. The company has a quick ratio of 0.65, a current ratio of 0.89 and a debt-to-equity ratio of 0.97.
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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