Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 41,900 shares, a decrease of 27.9% from the January 31st total of 58,100 shares. Based on an average daily volume of 130,900 shares, the short-interest ratio is currently 0.3 days.
Lenovo Group Stock Up 1.4 %
LNVGY stock traded up $0.44 during mid-day trading on Thursday, hitting $31.77. 32,001 shares of the company were exchanged, compared to its average volume of 122,321. The firm has a fifty day simple moving average of $27.50 and a 200 day simple moving average of $26.07. The company has a market capitalization of $19.70 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 0.67 and a beta of 0.75. Lenovo Group has a twelve month low of $20.56 and a twelve month 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.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.47. The firm had revenue of $18.80 billion for the quarter, compared to analysts' expectations of $17.85 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. On average, research analysts forecast that Lenovo Group will post 2.06 earnings per share for the current fiscal year.
Lenovo Group Company Profile
(
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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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