Geely Automobile (OTCMKTS:GELYY) Upgraded at Macquarie

Macquarie upgraded shares of Geely Automobile (OTCMKTS:GELYY) from a hold rating to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

Geely Automobile Trading Down 5.5 %

Shares of Geely Automobile stock opened at $33.96 on Thursday. Geely Automobile has a one year low of $18.48 and a one year high of $39.02. The company has a 50-day simple moving average of $31.67 and a two-hundred day simple moving average of $25.77.

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.