GEELY AUTOMOBIL/ADR (OTCMKTS:GELYY)’s share price shot up 3.8% on Tuesday . The stock traded as high as $39.21 and last traded at $39.10, 18,283 shares traded hands during mid-day trading. An increase of 8% from the average session volume of 16,998 shares. The stock had previously closed at $37.67.
Several research firms recently weighed in on GELYY. ValuEngine downgraded shares of GEELY AUTOMOBIL/ADR from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Zacks Investment Research upgraded shares of GEELY AUTOMOBIL/ADR from a “sell” rating to a “hold” rating in a research note on Tuesday, October 8th.
The firm has a market cap of $16.92 billion, a price-to-earnings ratio of 9.87, a P/E/G ratio of 1.89 and a beta of 1.04. The company’s 50 day simple moving average is $36.16 and its 200 day simple moving average is $33.12.
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 automobiles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.
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