Valeo (OTCMKTS:VLEEY) Shares Gap Down – Here’s What Happened

Shares of Valeo S.A. (OTCMKTS:VLEEYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $9.67, but opened at $8.76. Valeo shares last traded at $8.76, with a volume of 1,037 shares trading hands.

Valeo Stock Performance

The stock has a 50 day moving average price of $6.76 and a two-hundred day moving average price of $6.80. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.66.

About Valeo

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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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