Previous close | 1.0685 |
Open | 1.0750 |
Bid | 1.0720 x 840000 |
Ask | 1.0885 x 840000 |
Day's range | 1.0750 - 1.0750 |
52-week range | 0.8622 - 1.3230 |
Volume | |
Avg. volume | 48,704 |
Market cap | 10.845B |
Beta (5Y monthly) | 1.25 |
PE ratio (TTM) | 15.36 |
EPS (TTM) | 0.0700 |
Earnings date | N/A |
Forward dividend & yield | 0.03 (2.42%) |
Ex-dividend date | 11 Jun 2024 |
1y target est | N/A |
Zeekr, the premium electric vehicle (EV) brand of Chinese automaker Geely , has restarted stalled plans to raise up to $500 million in a New York initial public offering (IPO), according to two sources with direct knowledge of the matter. The company in November put listing plans to raise about $500 million on hold because of a mismatch in valuation expectations between investors and the company, Reuters reported then citing sources. Zeekr is now holding a non-deal roadshow with potential investors ahead of the IPO, the two sources told Reuters.
Here is how Geely Automobile Holdings Ltd. (GELYY) and OPENLANE (KAR) have performed compared to their sector so far this year.
Geely Automobile (GELYY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).