Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report)’s share price rose 3.6% during trading on Friday . The company traded as high as $2.44 and last traded at $2.4240. Approximately 70,450 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 66,252 shares. The stock had previously closed at $2.34.
Geely Automobile Stock Performance
The stock’s 50 day moving average is $2.15 and its two-hundred day moving average is $2.26.
Geely Automobile Company Profile
Geely Automobile Holdings Limited is a China-based automotive manufacturer and a subsidiary of Zhejiang Geely Holding Group. Established in 1997 by entrepreneur Li Shufu, the company has grown from a regional car assembler into one of China’s leading privately owned passenger vehicle producers. Geely Auto made its public debut on the Hong Kong Stock Exchange in 2005 and trades over-the-counter in the U.S. under the symbol GELYF.
Geely’s core business centers on the design, development, manufacturing and sale of a broad range of passenger cars.
Further Reading
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