Geely Automobile (OTCMKTS:GELYF) Trading 1.1% Higher – Time to Buy?

Geely Automobile Holdings Limited (OTCMKTS:GELYFGet Free Report) shares shot up 1.1% on Monday . The stock traded as high as $1.89 and last traded at $1.83. 74,858 shares changed hands during mid-day trading, an increase of 38% from the average session volume of 54,286 shares. The stock had previously closed at $1.81.

Geely Automobile Stock Performance

The business’s 50 day moving average price is $1.85 and its 200-day moving average price is $1.45.

About Geely Automobile

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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.

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