Valeo S.A. (OTCMKTS:VLEEY – Get Free Report) dropped 8% during mid-day trading on Tuesday . The company traded as low as $8.0850 and last traded at $8.0850. 393 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 5,451 shares. The stock had previously closed at $8.79.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Valeo in a research report on Thursday, July 16th. One research 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, the company presently has an average rating of “Hold”.
View Our Latest Research Report on Valeo
Valeo Price Performance
About Valeo
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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