Valeo (OTCMKTS:VLEEY – Get Free Report) is projected to announce its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.6440 per share and revenue of $6.23 billion for the quarter.
Valeo Stock Performance
VLEEY stock opened at $7.13 on Monday. Valeo has a one year low of $5.29 and a one year high of $9.93. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.66 and a current ratio of 0.86. The company has a fifty day moving average of $7.60 and a 200-day moving average of $7.04.
Analysts Set New Price Targets
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Valeo in a research note on Thursday. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
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.
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