Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) shares traded down 4.3% during trading on Monday . The company traded as low as $2.2275 and last traded at $2.2580. 244,362 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 75,246 shares. The stock had previously closed at $2.36.
Geely Automobile Price Performance
The business has a fifty day simple moving average of $2.71 and a 200-day simple moving average of $2.43.
About Geely Automobile
Geely Automobile Holdings Limited is a China-based automotive manufacturer and a subsidiary of Zhejiang Geely Holding Group. Established in 1997 by entrepreneur Li Shufu, the company has grown from a regional car assembler into one of China’s leading privately owned passenger vehicle producers. Geely Auto made its public debut on the Hong Kong Stock Exchange in 2005 and trades over-the-counter in the U.S. under the symbol GELYF.
Geely’s core business centers on the design, development, manufacturing and sale of a broad range of passenger cars.
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