Geely Automobile (OTCMKTS:GELYY) Shares Cross Above 50-Day Moving Average - Should You Sell?

Geely Automobile logo with Auto/Tires/Trucks background

Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $37.51 and traded as high as $41.15. Geely Automobile shares last traded at $40.86, with a volume of 5,327 shares changing hands.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on GELYY

Geely Automobile Stock Down 3.0 %

The company's fifty day moving average is $37.63 and its 200-day moving average is $31.17. 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.

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