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

Geely Automobile Holdings Limited (OTCMKTS:GELYY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $46.55 and last traded at $43.90, with a volume of 11232 shares. The stock had previously closed at $44.78.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded Geely Automobile from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 14th.

Geely Automobile Trading Down 2.0 %

The company has a quick ratio of 0.91, a current ratio of 1.05 and a debt-to-equity ratio of 0.08. The stock has a fifty day moving average price of $39.12 and a 200-day moving average price of $33.44.

Geely Automobile Company Profile

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.