Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $29.75 and traded as high as $37.05. Geely Automobile shares last traded at $36.78, with a volume of 26,745 shares changing hands.
Analysts Set New Price Targets
Separately, Macquarie lowered Geely Automobile from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 28th.
View Our Latest Research Report on GELYY
Geely Automobile Trading Up 2.3 %
The business's 50 day moving average is $30.06 and its two-hundred day moving average is $25.25.
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.
Featured Stories
Before you consider Geely Automobile, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Geely Automobile wasn't on the list.
While Geely Automobile currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
