Free Trial

Short Interest in Lenovo Group Limited (OTCMKTS:LNVGY) Grows By 233.3%

Lenovo Group logo with Computer and Technology background

Lenovo Group Limited (OTCMKTS:LNVGY - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,000 shares, a growth of 233.3% from the March 31st total of 900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 441,300 shares, the short-interest ratio is currently 0.0 days.

Lenovo Group Stock Performance

LNVGY traded up $0.31 during trading on Wednesday, hitting $23.05. 27,711 shares of the stock were exchanged, compared to its average volume of 124,506. 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 firm has a market capitalization of $14.30 billion, a P/E ratio of 9.60, a PEG ratio of 0.67 and a beta of 0.67. The stock has a fifty day moving average price of $26.30 and a two-hundred day moving average price of $26.08. Lenovo Group has a 1-year low of $17.84 and a 1-year high of $35.09.

Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $0.60 by $0.47. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. The firm had revenue of $18.80 billion during the quarter, compared to the consensus estimate of $17.85 billion. As a group, sell-side analysts predict that Lenovo Group will post 2.06 earnings per share 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.

Recommended Stories

Should You Invest $1,000 in Lenovo Group Right Now?

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

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines