Zacks Investment Research upgraded shares of Geely Automobile H (OTCMKTS:GELYY) from a hold rating to a strong-buy rating in a report published on Friday. They currently have $78.00 price objective on the stock.

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. “

Shares of Geely Automobile H (OTCMKTS:GELYY) traded up $1.82 during trading on Friday, hitting $69.90. The stock had a trading volume of 8,579 shares, compared to its average volume of 13,358. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.22 and a quick ratio of 1.08. Geely Automobile H has a fifty-two week low of $20.66 and a fifty-two week high of $75.85.

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Geely Automobile H Company Profile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China. It engages in the research, development, production, marketing, and sale of automobiles, automobile parts, and related automobile components. The company primarily offers sedans, sport utility vehicles, and electric vehicle models.

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