Lenovo Group Ltd. (OTCMKTS:LNVGY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 175,322 shares were traded during trading, an increase of 81% from the previous session's volume of 96,817 shares.The stock last traded at $25.98 and had previously closed at $25.56.
Lenovo Group Stock Performance
The company's 50 day moving average price is $24.17 and its 200-day moving average price is $25.62. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.67 and a current ratio of 0.93. The company has a market cap of $16.23 billion, a PE ratio of 12.17, a price-to-earnings-growth ratio of 0.62 and a beta of 0.77.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.04. Lenovo Group had a net margin of 2.00% and a return on equity of 25.20%. The company had revenue of $16.98 billion during the quarter, compared to analyst estimates of $15.77 billion. Equities research analysts anticipate that Lenovo Group Ltd. 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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