Geely Automobile (OTCMKTS:GELYY) Hits New 1-Year High – Here’s Why

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $37.25 and last traded at $36.81, with a volume of 20374 shares. The stock had previously closed at $35.03.

Analyst Upgrades and Downgrades

Separately, Macquarie raised shares of Geely Automobile to a “strong-buy” rating in a report on Friday, October 4th.

Get Our Latest Stock Report on GELYY

Geely Automobile Trading Up 7.8 %

The company’s fifty day moving average is $26.79 and its 200-day moving average is $24.30.

Geely Automobile Company Profile

(Get Free Report)

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.

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