Shares of Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) were up 1.8% on Friday . The company traded as high as $2.2875 and last traded at $2.27. Approximately 77,113 shares changed hands during trading, an increase of 28% from the average daily volume of 60,471 shares. The stock had previously closed at $2.23.
Analyst Upgrades and Downgrades
Separately, BNP Paribas assumed coverage on Geely Automobile in a research note on Monday, August 18th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.
Read Our Latest Stock Analysis on GELYF
Geely Automobile Trading Up 1.8%
About Geely Automobile
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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