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Geely Automobile (OTCMKTS:GELYY) Reaches New 12-Month High - Should You Buy?

Geely Automobile logo with Auto/Tires/Trucks background

Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report)'s stock price hit a new 52-week high on Friday . The stock traded as high as $45.30 and last traded at $44.51, with a volume of 78286 shares changing hands. The stock had previously closed at $41.32.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Geely Automobile

Geely Automobile Stock Down 9.4 %

The firm has a fifty day simple moving average of $38.12 and a 200 day simple moving average of $31.74. 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 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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Should You Invest $1,000 in Geely Automobile Right Now?

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