GEELY AUTOMOBIL/ADR (OTCMKTS:GELYY) Rating Increased to Hold at Zacks Investment Research

Share on StockTwits

Zacks Investment Research upgraded shares of GEELY AUTOMOBIL/ADR (OTCMKTS:GELYY) from a sell rating to a hold rating in a research report sent to investors on Monday morning, Zacks.com reports.

According to Zacks, “Geely Automobile Holdings Limited is engaged in automobile manufacturing and its related areas. It is a fully integrated independent auto firm with auto eco-systems like designing, research and development, production, distribution and servicing. Geely has its independent R&D in vehicles, engines, transmissions and hybrid technologies. In addition, the company provides moulds for automobile parts and components and automobile services. It also exports sedans. It sells its products through retail distributors and service stations. Geely Automobile Holdings Limited is headquartered in Wanchai, Hong Kong. “

Separately, Citigroup reaffirmed a sell rating on shares of GEELY AUTOMOBIL/ADR in a report on Friday, July 5th.

Shares of GEELY AUTOMOBIL/ADR stock opened at $33.67 on Monday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.88 and a current ratio of 0.98. The stock has a market capitalization of $15.12 billion, a PE ratio of 8.50, a price-to-earnings-growth ratio of 1.64 and a beta of 1.00. GEELY AUTOMOBIL/ADR has a 52-week low of $26.45 and a 52-week high of $48.10. The company has a 50-day simple moving average of $30.36 and a two-hundred day simple moving average of $34.47.

GEELY AUTOMOBIL/ADR 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 and development, production, marketing, and sale of automobiles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.

Read More: How to calculate the intrinsic value of a stock

Get a free copy of the Zacks research report on GEELY AUTOMOBIL/ADR (GELYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for GEELY AUTOMOBIL/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GEELY AUTOMOBIL/ADR and related companies with MarketBeat.com's FREE daily email newsletter.