Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 3,500 shares, a drop of 55.1% from the January 31st total of 7,800 shares. Based on an average daily volume of 51,200 shares, the short-interest ratio is currently 0.1 days.
Geely Automobile Stock Performance
Geely Automobile stock traded up $2.14 during mid-day trading on Wednesday, hitting $45.74. The company's stock had a trading volume of 12,086 shares, compared to its average volume of 17,123. The company has a quick ratio of 0.91, a current ratio of 1.05 and a debt-to-equity ratio of 0.08. Geely Automobile has a 52-week low of $18.48 and a 52-week high of $48.85. The firm's 50 day moving average is $39.88 and its 200 day moving average is $34.54.
Analysts Set New Price Targets
Separately, Macquarie raised shares of Geely Automobile from a "hold" rating to a "strong-buy" rating in a research note on Thursday, November 14th.
View Our Latest Stock Analysis on Geely Automobile
About Geely Automobile
(
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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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