Geely Automobile (OTCMKTS:GELYY) Shares Pass Above 50 Day Moving Average – Time to Sell?

Geely Automobile Holdings Ltd. (OTCMKTS:GELYY)’s share price passed above its 50 day moving average during trading on Thursday . 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.

Geely Automobile Stock Performance

The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average price of $48.85 and a 200 day moving average price of $48.51.

About Geely Automobile

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.