Geely Automobile (OTCMKTS:GELYY) Shares Gap Down – Should You Sell?

Shares of Geely Automobile Holdings Ltd. (OTCMKTS:GELYYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $42.46, but opened at $41.14. Geely Automobile shares last traded at $41.14, with a volume of 270 shares traded.

Geely Automobile Trading Up 0.2%

The company has a debt-to-equity ratio of 0.06, a current ratio of 0.99 and a quick ratio of 0.80. The business has a fifty day moving average price of $44.64 and a 200 day moving average price of $42.08.

Geely Automobile Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, August 11th. Investors of record on Friday, June 13th will be issued a $0.773 dividend. This represents a yield of 1.67%. This is an increase from Geely Automobile’s previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, June 12th.

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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