Geely Automobile (OTCMKTS:GELYY) Raised to “Strong-Buy” at Macquarie

Geely Automobile (OTCMKTS:GELYY) was upgraded by investment analysts at Macquarie from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Geely Automobile Stock Performance

Shares of Geely Automobile stock opened at $33.96 on Thursday. Geely Automobile has a fifty-two week low of $18.48 and a fifty-two week high of $39.02. The company’s 50 day moving average price is $31.44 and its two-hundred day moving average price is $25.71.

Geely Automobile Company Profile

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.