Lenovo Group (OTCMKTS:LNVGY) Shares Pass Above 200-Day Moving Average of $24.85

Lenovo Group Limited (OTCMKTS:LNVGY)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $24.85 and traded as high as $29.58. Lenovo Group shares last traded at $28.51, with a volume of 18,788 shares.

Lenovo Group Stock Down 1.2 %

The firm has a 50-day moving average of $26.57 and a two-hundred day moving average of $24.85. The firm has a market cap of $17.68 billion, a price-to-earnings ratio of 17.71, a PEG ratio of 0.53 and a beta of 0.87. The company has a current ratio of 0.87, a quick ratio of 0.61 and a debt-to-equity ratio of 0.59.

Lenovo Group (OTCMKTS:LNVGY) last issued its quarterly earnings results on Thursday, May 23rd. The technology company reported $0.39 EPS for the quarter. Lenovo Group had a return on equity of 17.35% and a net margin of 1.80%. The company had revenue of $13.83 billion during the quarter. As a group, sell-side analysts predict that Lenovo Group Limited will post 2.48 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.