Geely Automobile (OTCMKTS:GELYY) Sets New 12-Month High – Time to Buy?

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $46.55 and last traded at $43.90, with a volume of 11232 shares traded. The stock had previously closed at $44.78.

Analyst Ratings Changes

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

Read Our Latest Analysis on GELYY

Geely Automobile Stock 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 stock has a 50-day moving average price of $39.39 and a 200-day moving average price of $33.72.

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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