Short Interest in Lenovo Group Limited (OTCMKTS:LNVGY) Rises By 233.3%

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 233.3% from the March 31st total of 900 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 441,300 shares, the days-to-cover ratio is presently 0.0 days.

Lenovo Group Stock Up 2.2 %

OTCMKTS:LNVGY traded up $0.50 during trading hours on Friday, hitting $22.99. 30,333 shares of the company's stock traded hands, compared to its average volume of 127,488. The stock's fifty day moving average price is $26.88 and its two-hundred day moving average price is $26.17. The firm has a market cap of $14.26 billion, a P/E ratio of 9.58, a P/E/G ratio of 0.67 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.86. Lenovo Group has a twelve month low of $17.84 and a twelve month high of $35.09.

Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last issued its earnings results on Wednesday, February 19th. The technology company reported $1.07 earnings per share 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 company had revenue of $18.80 billion for the quarter, compared to the consensus estimate of $17.85 billion. On average, research analysts expect that Lenovo Group will post 2.06 earnings per share for the current fiscal 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.

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