Shares of Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) dropped 0.8% on Friday . The company traded as low as $2.00 and last traded at $2.04. Approximately 14,588 shares traded hands during trading, a decline of 76% from the average daily volume of 61,642 shares. The stock had previously closed at $2.06.
Geely Automobile Stock Down 0.8%
The company has a fifty day simple moving average of $2.23 and a 200 day simple moving average of $2.10.
Geely Automobile Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, June 12th will be paid a $0.33 dividend. This represents a yield of 1.81%. The ex-dividend date of this dividend is Wednesday, June 11th. Geely Automobile’s payout ratio is 13.65%.
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.
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