Geely Automobile (OTCMKTS:GELYY) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $36.86 and traded as high as $37.27. Geely Automobile shares last traded at $36.92, with a volume of 11,582 shares changing hands.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on GELYY

Geely Automobile Stock Down 1.8 %

The business’s 50-day moving average price is $36.89 and its two-hundred day moving average price is $29.96. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.05 and a quick ratio of 0.91.

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.

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