Zacks Investment Research lowered shares of Valeo S.A. (OTCMKTS:VLEEY) from a buy rating to a hold rating in a research note released 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 (VLEEY) opened at 33.86 on Wednesday. The company has a market capitalization of $16.06 billion, a PE ratio of 13.71 and a beta of 1.53. The company has a 50 day moving average price of $34.91 and a 200 day moving average price of $33.90. Valeo has a 52 week low of $25.41 and a 52 week high of $37.27.

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About Valeo

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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