Geely Automobile (OTCMKTS:GELYY) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Geely Automobile Holdings Ltd. (OTCMKTS:GELYYGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $48.85 and traded as high as $49.2451. Geely Automobile shares last traded at $48.85, with a volume of 7,986 shares trading hands.

Geely Automobile Price Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.73 and a current ratio of 0.93. The company has a 50 day simple moving average of $48.85 and a 200-day simple moving average of $48.63.

About Geely Automobile

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Geely Automobile (OTCMKTS: GELYY) is a Chinese automotive manufacturer engaged in the design, development, production and sale of passenger vehicles, powertrains and related components. The company’s product mix includes conventional internal-combustion vehicles as well as hybrid and battery-electric models, supported by in-house capabilities for engine and transmission development. Geely also provides after-sales services, parts and warranty support through its dealer and service network.

Geely Automobile is part of the broader Zhejiang Geely Holding Group, an industrial group that expanded from domestic vehicle manufacturing into international acquisitions and partnerships.

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