Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 900 shares, a drop of 71.0% from the March 15th total of 3,100 shares. Based on an average daily volume of 65,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
Lenovo Group Price Performance
Lenovo Group stock traded up $0.25 during trading hours on Friday, hitting $20.43. The stock had a trading volume of 252,790 shares, compared to its average volume of 128,449. Lenovo Group has a 1-year low of $17.84 and a 1-year high of $35.09. The stock has a market capitalization of $12.67 billion, a price-to-earnings ratio of 8.51, a PEG ratio of 0.67 and a beta of 0.67. The stock's fifty day moving average is $27.90 and its two-hundred day moving average is $26.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.58.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last released its earnings results on Wednesday, February 19th. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.60 by $0.47. Lenovo Group had a net margin of 2.34% and a return on equity of 25.37%. The company had revenue of $18.80 billion for the quarter, compared to analyst estimates of $17.85 billion. As a group, analysts predict that Lenovo Group will post 2.06 earnings per share for the current fiscal year.
About Lenovo Group
(
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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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