Shares of Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $26.88 and traded as high as $27.69. Lenovo Group shares last traded at $27.38, with a volume of 20,402 shares changing hands.
Lenovo Group Stock Performance
The company has a 50-day moving average price of $29.45 and a two-hundred day moving average price of $26.88. The company has a quick ratio of 0.58, a current ratio of 0.86 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $12.47 billion, a P/E ratio of 8.38, a PEG ratio of 0.67 and a beta of 0.67.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last posted its earnings results on Wednesday, February 19th. The technology company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.47. Lenovo Group had a net margin of 2.34% and a return on equity of 25.37%. The business had revenue of $18.80 billion for the quarter, compared to analyst estimates of $17.85 billion. Equities analysts expect that Lenovo Group Limited will post 2.06 earnings per share for the current year.
About Lenovo Group
(
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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.
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