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Geely Automobile (OTCMKTS:GELYY) Hits New 12-Month High - Here's Why

Geely Automobile logo with Auto/Tires/Trucks background

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

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on GELYY

Geely Automobile Price Performance

The company has a 50-day moving average of $39.57 and a 200-day moving average of $33.82. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 1.05.

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.

Further Reading

Should You Invest $1,000 in Geely Automobile Right Now?

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