Geely Automobile (OTCMKTS:GELYY) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $29.75 and traded as high as $37.05. Geely Automobile shares last traded at $36.78, with a volume of 26,745 shares.

Analyst Ratings Changes

Separately, Macquarie lowered Geely Automobile from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 28th.

Check Out Our Latest Analysis on Geely Automobile

Geely Automobile Price Performance

The stock has a 50 day simple moving average of $29.75 and a 200 day simple moving average of $25.16.

Geely Automobile Company Profile

(Get Free Report)

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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