Shares of Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) dropped 2.8% during mid-day trading on Monday . The stock traded as low as $2.35 and last traded at $2.35. Approximately 79,228 shares were traded during mid-day trading, an increase of 33% from the average daily volume of 59,407 shares. The stock had previously closed at $2.42.
Geely Automobile Price Performance
The business’s 50-day simple moving average is $2.25 and its 200-day simple moving average is $2.13.
Geely Automobile Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, June 12th will be issued a dividend of $0.33 per share. This represents a dividend yield of 1.81%. The ex-dividend date is Wednesday, June 11th. Geely Automobile’s dividend payout ratio (DPR) 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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