Geely Automobile (OTCMKTS:GELYF) Trading Down 4.9% – Here’s Why

Geely Automobile Holdings Limited (OTCMKTS:GELYFGet Free Report)’s share price dropped 4.9% during trading on Friday . The company traded as low as $2.16 and last traded at $2.26. Approximately 31,318 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 69,519 shares. The stock had previously closed at $2.37.

Geely Automobile Stock Down 4.9 %

The firm’s 50-day moving average price is $2.10 and its 200-day moving average price is $1.83.

Geely Automobile Company Profile

(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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