Geely Automobile (OTCMKTS:GELYY) Upgraded at Macquarie

Geely Automobile (OTCMKTS:GELYY) was upgraded by Macquarie to a “strong-buy” rating in a research note issued on Friday, Zacks.com reports.

Geely Automobile Stock Up 10.6 %

Shares of GELYY stock opened at $36.07 on Friday. The business has a 50-day moving average price of $23.41 and a two-hundred day moving average price of $23.48. Geely Automobile has a 12-month low of $18.48 and a 12-month high of $36.07.

About Geely Automobile

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 vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.