Geely Automobile Stock Price Surges Above 50-Day Moving Average
January 27, 2023
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Geely Automobile ($SEHK:00175) is one of the leading automobile companies in China and has recently seen a surge in its stock price. Geely Automobile stock has risen above the 50-day moving average of $29.48, making it one of the most promising stocks on the market. It manufactures and sells a wide range of passenger cars, SUVs, minivans, and commercial vehicles. Analysts believe that Geely Automobile’s stock price can continue to move higher as the company continues to expand its operations globally.
In addition, Geely Automobile is well-positioned to benefit from China’s growing demand for cars and its increasing presence in the global market. The company’s strong fundamentals and growth prospects make it an attractive investment opportunity, and analysts expect its stock price to continue to rise in the near future. With Geely Automobile’s stock price continuing to surge higher, investors should consider adding it to their portfolios.
Price History
The increase in the stock price was also supported by strong demand for Geely Automobile’s electric vehicles, which saw a record high in sales in the first quarter. The company has been focusing on developing new models to meet consumer needs in the EV market.
In addition, Geely Automobile has been expanding its presence in international markets, with sales of its vehicles in Europe, Asia, and North America steadily increasing. The strong performance of Geely Automobile’s stock is expected to continue, as the company continues to focus on developing innovative products and expanding its presence in global markets. Overall, the stock market reaction to Geely Automobile’s performance has been positive and investors are confident that the company will continue to deliver strong results in the coming quarters. Geely Automobile’s share price is expected to remain strong as long as the company continues to focus on developing innovative products and expanding its presence in global markets. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Geely Automobile. More…
| Total Revenues | Net Income | Net Margin |
| 114.76k | 3.89k | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Geely Automobile. More…
| Operations | Investing | Financing |
| 21.04k | -9.68k | 6.38k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Geely Automobile. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 140.8k | 68.27k | 7.09 |
Key Ratios Snapshot
Some of the financial key ratios for Geely Automobile are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.5% | -54.9% | 2.9% |
| FCF Margin | ROE | ROA |
| 12.4% | 3.0% | 1.5% |
VI Analysis
Geely Automobile is an investment with a medium risk rating according to the VI Risk Rating. This rating takes into account the company’s financial and business aspects when assessing its long term potential. It is important to consider potential risks when investing in any company. The VI App has detected two risk warnings in the income and balance sheets of Geely Automobile. These warnings indicate that there are factors in the company’s financials that may pose a risk for investors. For example, Geely Automobile may have too much debt or may not have enough cash on hand to cover its short-term liabilities. Investors should always conduct their own research and analysis before investing in any company. The VI App is an excellent resource to use when making informed and informed decisions. By using the app, investors can quickly assess the risk associated with an investment, as well as gain insight into the company’s fundamentals. This can help investors make decisions that are both financially and strategically sound. More…
VI Peers
Geely Automobile Holdings Ltd, Hino Motors Ltd, Zotye Automobile Co Ltd, and Yulon Motor Co Ltd are all competing for a share of the Chinese automotive market. Hino is a well-established Japanese automaker, but has been struggling in recent years. Zotye is a Chinese automaker that has been growing rapidly in recent years. Yulon is a Taiwanese automaker that has been trying to expand its presence in China.
– Hino Motors Ltd ($TSE:7205)
Hino Motors Ltd is a Japanese manufacturer of commercial vehicles and diesel engines. The company is a subsidiary of Toyota Motor Corporation. As of 2022, Hino Motors Ltd has a market cap of 360.49B and a Return on Equity of -4.51%. The company produces a wide range of commercial vehicles, including trucks, buses, and light-duty vehicles. Hino Motors Ltd also produces a variety of engines for use in commercial vehicles, construction equipment, and generators.
– Zotye Automobile Co Ltd ($SZSE:000980)
Zotye Automobile Co Ltd, based in China, is engaged in the manufacture and sale of automobiles. As of 2022, the company had a market capitalization of 32.19 billion and a return on equity of -4.87%. The company’s products include passenger cars, SUVs, and minivans. Zotye also has a joint venture with General Motors, which manufactures and sells vehicles under the Baojun brand.
– Yulon Motor Co Ltd ($TWSE:2201)
Yulon Motor Company is a Taiwanese car manufacturer. It was founded in 1953 as Lung-Chuan Motor Works. The company has a market cap of $48.83 billion as of 2022 and a return on equity of 7.2%. Yulon Motor manufactures and sells cars and commercial vehicles under the Luxgen brand. It also manufactures and sells electric vehicles under the Yulon EV brand. The company has assembly plants in Taiwan, China, and Malaysia.
Summary
Geely Automobile has seen its stock price surge recently, crossing the 50-day moving average. This move is a positive indication for investors, as it suggests that the stock is gaining momentum. It is important to note, however, that this is only a short-term trend and investors should take a long-term view when considering an investment in Geely Automobile. Experienced investors suggest analyzing a company’s fundamentals, such as their financials, management, competitive environment, and industry trends, before making any decisions.
Additionally, it is important to stay up to date on news about the company, as well as their competitors, in order to make informed decisions. By doing your due diligence and researching the company thoroughly, you can make an informed choice about investing in Geely Automobile.
