Geely Automobile (OTCMKTS:GELYY) Raised to “Strong-Buy” at Macquarie

Geely Automobile (OTCMKTS:GELYY) was upgraded by analysts at Macquarie from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Geely Automobile Trading Down 5.5 %

OTCMKTS GELYY opened at $33.96 on Thursday. The firm’s 50 day simple moving average is $31.44 and its 200 day simple moving average is $25.71. Geely Automobile has a 1 year low of $18.48 and a 1 year high of $39.02.

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.