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

Shares of Lenovo Group Limited (OTCMKTS:LNVGY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.

Lenovo Group Stock Down 1.2 %

The firm has a 50-day simple moving average of $26.57 and a two-hundred day simple moving average of $24.85. The stock has a market cap of $17.68 billion, a P/E 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 data on Thursday, May 23rd. The technology company reported $0.39 earnings per share for the quarter. Lenovo Group had a net margin of 1.80% and a return on equity of 17.35%. The business had revenue of $13.83 billion during the quarter. Equities research analysts expect 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.