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Valeo, SA (EU) (NASDAQ:VLEEY) was downgraded by stock analysts at BNP Paribas from a “neutral” rating to an “underperform” rating in a report issued on Tuesday, reports.

Shares of Valeo, SA (NASDAQ:VLEEY) traded down 2.05% on Tuesday, hitting $58.985. The stock had a trading volume of 2,860 shares. Valeo, SA has a 52-week low of $38.73 and a 52-week high of $72.66. The stock’s 50-day moving average is $61.8 and its 200-day moving average is $66.2. The company has a market cap of $9.159 billion and a price-to-earnings ratio of 13.85.

Valeo SA is a France-based industrial company focused on the design, production and sale of components, integrated systems and modules for the automotive industry.

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