Geely Automobile (OTCMKTS:GELYY) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $37.16 and traded as high as $37.28. Geely Automobile shares last traded at $36.21, with a volume of 9,686 shares.

Analyst Ratings Changes

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

Get Our Latest Analysis on Geely Automobile

Geely Automobile Stock Performance

The business has a 50 day simple moving average of $37.13 and a 200 day simple moving average of $28.75.

About Geely Automobile

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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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