Lenovo Group Limited (OTCMKTS:LNVGY) Short Interest Update

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 25,900 shares, an increase of 640.0% from the April 30th total of 3,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 147,500 shares, the short-interest ratio is currently 0.2 days.

Lenovo Group Stock Performance

Shares of OTCMKTS LNVGY traded down $0.94 during midday trading on Friday, hitting $22.93. 26,279 shares of the company's stock were exchanged, compared to its average volume of 110,635. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.58. The stock's 50 day moving average price is $23.51 and its 200-day moving average price is $25.65. The firm has a market cap of $14.22 billion, a P/E ratio of 9.55, a PEG ratio of 0.67 and a beta of 0.78. 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 announced its earnings results on Thursday, May 22nd. The technology company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.40 by $0.04. The firm had revenue of $16.98 billion for the quarter, compared to analysts' expectations of $15.77 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. Equities research analysts anticipate that Lenovo Group will post 2.06 EPS 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.