Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 21,800 shares, a drop of 48.0% from the February 13th total of 41,900 shares. Based on an average daily volume of 657,600 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company's shares are short sold.
Lenovo Group Trading Up 2.0 %
Lenovo Group stock traded up $0.62 during trading on Tuesday, hitting $30.81. The company had a trading volume of 29,404 shares, compared to its average volume of 119,470. Lenovo Group has a 1-year low of $20.56 and a 1-year high of $35.09. The company has a current ratio of 0.86, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The company's 50 day simple moving average is $28.37 and its 200-day simple moving average is $26.46. The stock has a market cap of $19.11 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 0.67 and a beta of 0.71.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.60 by $0.47. Lenovo Group had a net margin of 2.34% and a return on equity of 25.37%. The company had revenue of $18.80 billion during the quarter, compared to analysts' expectations of $17.85 billion. As a group, analysts expect that Lenovo Group will post 2.06 EPS for the current fiscal year.
About Lenovo Group
(
Get Free Report)
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
Featured Articles
Before you consider Lenovo Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lenovo Group wasn't on the list.
While Lenovo Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
