Geely Automobile (OTCMKTS:GELYY) Shares Pass Above 50 Day Moving Average – What’s Next?

Geely Automobile Holdings Limited (OTCMKTS:GELYYGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $43.75 and traded as high as $44.79. Geely Automobile shares last traded at $44.72, with a volume of 6,422 shares trading hands.

Geely Automobile Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.05 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $43.75 and a two-hundred day simple moving average of $41.62.

Geely Automobile Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 11th. Shareholders of record on Friday, June 13th will be paid a $0.773 dividend. The ex-dividend date is Thursday, June 12th. This represents a yield of 1.67%. This is a boost from Geely Automobile’s previous dividend of $0.02.

About Geely Automobile

(Get Free Report)

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

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