Geely Automobile (OTCMKTS:GELYY) Reaches New 12-Month High – Still a Buy?

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $41.93 and last traded at $39.56, with a volume of 9399 shares. The stock had previously closed at $39.24.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on GELYY

Geely Automobile Trading Up 0.8 %

The business’s fifty day moving average price is $35.75 and its 200-day moving average price is $27.50.

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.

Read More

Receive News & Ratings for Geely Automobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geely Automobile and related companies with MarketBeat.com's FREE daily email newsletter.