Valeo S.A. (VLEEY) Downgraded to “Sell” at Zacks Investment Research
Valeo S.A. (OTCMKTS:VLEEY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday.
According to Zacks, “Valeo SA designs, produces, and sells components, integrated systems, and modules for automobile industry. The Company has four business groups supplying products to the original equipment market and the aftermarket. The 4 Business Groups are: Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems. The Powertrain Systems offers electrical systems, transmission systems and hybrid and electric vehicle systems. The Thermal Systems products include climate control, compressors and front-end modules. The Comfort and Driving Assistance Systems products comprise driving assistance and access mechanisms. The Visibility Systems products are lighting systems, wiper Systems and wiper Motors. Valeo SA is headquartered in Paris, France. “
Shares of Valeo (OTCMKTS:VLEEY) traded down $0.48 during trading hours on Wednesday, hitting $34.06. The stock had a trading volume of 2,465 shares, compared to its average volume of 62,958. The company has a current ratio of 1.02, a quick ratio of 0.81 and a debt-to-equity ratio of 0.53. Valeo has a 12-month low of $26.33 and a 12-month high of $37.95.
Valeo SA is an automotive supplier. The Company is a technology company, which is focused on the design, production and sale of components, integrated systems, modules and services for the automotive sector. Its segments include Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems and Visibility Systems.
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