Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 6,200 shares, a decline of 76.1% from the May 15th total of 25,900 shares. Based on an average daily volume of 78,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Lenovo Group Price Performance
Shares of OTCMKTS:LNVGY traded up $0.06 during trading on Friday, reaching $24.01. 190,381 shares of the company's stock traded hands, compared to its average volume of 108,520. The firm has a market cap of $14.89 billion, a PE ratio of 10.00, a P/E/G ratio of 0.67 and a beta of 0.77. Lenovo Group has a fifty-two week low of $17.84 and a fifty-two week high of $35.09. The company has a quick ratio of 0.58, a current ratio of 0.86 and a debt-to-equity ratio of 0.43. The company has a 50-day simple moving average of $22.98 and a 200-day simple moving average of $25.63.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last announced its earnings results on Thursday, May 22nd. The technology company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.04. The business had revenue of $16.98 billion during the quarter, compared to the consensus estimate of $15.77 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. As a group, analysts predict that Lenovo Group will post 2.06 earnings per share for the current 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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