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Geely Automobile (OTCMKTS:GELYY) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

Geely Automobile logo with Auto/Tires/Trucks background

Shares of Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $36.86 and traded as high as $37.27. Geely Automobile shares last traded at $36.92, with a volume of 11,582 shares trading hands.

Analyst Upgrades and Downgrades

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

Get Our Latest Analysis on GELYY

Geely Automobile Price Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 1.05. The firm's 50 day moving average is $36.86 and its 200 day moving average is $29.85.

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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