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Geely Automobile (OTCMKTS:GELYY) Stock Passes Above 50-Day Moving Average - What's Next?

Geely Automobile logo with Auto/Tires/Trucks background

Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $24.85 and traded as high as $31.30. Geely Automobile shares last traded at $30.17, with a volume of 12,616 shares changing hands.

Analysts Set New Price Targets

Separately, Macquarie upgraded shares of Geely Automobile to a "strong-buy" rating in a research note on Friday, October 4th.

View Our Latest Research Report on GELYY

Geely Automobile Stock Performance

The firm has a 50 day moving average of $24.85 and a two-hundred day moving average of $23.84.

About Geely Automobile

(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 vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.

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