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

Macquarie upgraded shares of Geely Automobile (OTCMKTS:GELYY) to a strong-buy rating in a research report released on Friday, Zacks.com reports.

Geely Automobile Price Performance

Geely Automobile stock opened at $36.07 on Friday. Geely Automobile has a one year low of $18.48 and a one year high of $36.07. The business has a fifty day moving average of $23.41 and a two-hundred day moving average of $23.48.

About Geely Automobile

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 vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.