Lenovo Group Limited (OTCMKTS:LNVGY) Short Interest Down 39.1% in October

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 34,300 shares, a decline of 39.1% from the October 15th total of 56,300 shares. Based on an average daily trading volume, of 117,900 shares, the short-interest ratio is currently 0.3 days.

Lenovo Group Trading Down 0.6 %

Shares of OTCMKTS LNVGY traded down $0.15 during midday trading on Friday, hitting $23.89. The stock had a trading volume of 67,570 shares, compared to its average volume of 61,473. Lenovo Group has a 1-year low of $19.79 and a 1-year high of $31.82. The company has a fifty day moving average price of $26.44 and a 200 day moving average price of $26.53. The company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 0.58 and a beta of 0.81. The company has a quick ratio of 0.58, a current ratio of 0.85 and a debt-to-equity ratio of 0.43.

Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last released its earnings results on Thursday, August 15th. The technology company reported $0.38 earnings per share for the quarter. Lenovo Group had a net margin of 1.81% and a return on equity of 18.08%. The company had revenue of $15.45 billion during the quarter. On average, analysts predict that Lenovo Group will post 1.93 earnings per share 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.