GEELY AUTOMOBIL/ADR (OTCMKTS:GELYY) Upgraded by Zacks Investment Research to Hold

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Zacks Investment Research upgraded shares of GEELY AUTOMOBIL/ADR (OTCMKTS:GELYY) from a sell rating to a hold rating in a research report report published 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 reiterated a sell rating on shares of GEELY AUTOMOBIL/ADR in a report on Friday, July 5th.

OTCMKTS GELYY opened at $33.65 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.98 and a quick ratio of 0.88. The company’s 50 day simple moving average is $30.30 and its 200 day simple moving average is $34.50. GEELY AUTOMOBIL/ADR has a 12 month low of $26.45 and a 12 month high of $48.10. The company has a market capitalization of $15.11 billion, a P/E ratio of 8.50, a PEG ratio of 1.71 and a beta of 1.00.

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.

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