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Geely Automobile (OTCMKTS:GELYY) Shares Gap Up - What's Next?

Geely Automobile logo with Auto/Tires/Trucks background

Geely Automobile Holdings Ltd. (OTCMKTS:GELYY - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $42.00, but opened at $43.88. Geely Automobile shares last traded at $43.88, with a volume of 341 shares trading hands.

Geely Automobile Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.93 and a quick ratio of 0.73. The stock's 50-day moving average is $44.73 and its 200 day moving average is $42.20.

Geely Automobile Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, August 11th. Investors of record on Friday, June 13th will be paid a $0.773 dividend. The ex-dividend date is Thursday, June 12th. This is a positive change from Geely Automobile's previous dividend of $0.02. This represents a yield of 1.67%.

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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