Lenovo Group Ltd. (OTCMKTS:LNVGY - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $24.12, but opened at $25.56. Lenovo Group shares last traded at $24.90, with a volume of 3,092 shares trading hands.
Lenovo Group Stock Performance
The company has a market cap of $15.34 billion, a P/E ratio of 11.50, a PEG ratio of 0.58 and a beta of 0.77. The stock's 50-day moving average price is $23.90 and its 200-day moving average price is $25.61. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.93 and a quick ratio of 0.67.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last posted its quarterly earnings data on Thursday, May 22nd. The technology company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.04. Lenovo Group had a net margin of 2.00% and a return on equity of 25.20%. The firm had revenue of $16.98 billion during the quarter, compared to the consensus estimate of $15.77 billion. Equities analysts anticipate that Lenovo Group Ltd. will post 2.06 EPS for the current year.
About Lenovo Group
(
Get Free Report)
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.
Further Reading
Before you consider Lenovo Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lenovo Group wasn't on the list.
While Lenovo Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
