Lenovo Group (OTCMKTS:LNVGY) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $26.51 and traded as high as $31.72. Lenovo Group shares last traded at $30.55, with a volume of 27,806 shares.

Lenovo Group Price Performance

The firm's fifty day simple moving average is $28.81 and its two-hundred day simple moving average is $26.59. 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 firm has a market cap of $17.92 billion, a PE ratio of 12.04, a P/E/G ratio of 0.67 and a beta of 0.71.

Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The technology company reported $1.07 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.47. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. The business had revenue of $18.80 billion for the quarter, compared to analysts' expectations of $17.85 billion. As a group, research analysts expect that Lenovo Group Limited will post 2.06 EPS for the current year.

Lenovo Group Company Profile

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.