Geely Automobile (OTCMKTS:GELYY) Shares Cross Below Fifty Day Moving Average – What’s Next?

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $37.04 and traded as low as $34.97. Geely Automobile shares last traded at $35.15, with a volume of 9,034 shares traded.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on Geely Automobile

Geely Automobile Stock Down 2.3 %

The company’s fifty day moving average is $37.04 and its two-hundred day moving average is $29.25.

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

See Also

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.