Zacks Investment Research Reiterates “Hold” Rating for Valeo (VLEEY)
Valeo (OTCMKTS:VLEEY)‘s stock had its “hold” rating reiterated by Zacks Investment Research in a report issued on Saturday.
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. “
Valeo (OTCMKTS VLEEY) traded up $0.35 during mid-day trading on Friday, hitting $38.90. 30,400 shares of the stock were exchanged, compared to its average volume of 20,863. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.02 and a quick ratio of 0.81. Valeo has a one year low of $28.35 and a one year high of $38.74.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Valeo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valeo and related companies with MarketBeat.com's FREE daily email newsletter.