Analysts at Piper Jaffray Companies began coverage on shares of Geely Automobile (OTCMKTS:GELYF) in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage set an “overweight” rating on the stock.

OTCMKTS:GELYF opened at $1.88 on Tuesday. Geely Automobile has a 52 week low of $1.26 and a 52 week high of $2.41. The stock’s fifty day moving average is $1.87 and its two-hundred day moving average is $1.66.

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, development, production, marketing, and sale of automobiles, automobile parts, and related automobile components.

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