Lenovo Group (OTCMKTS:LNVGY) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Lenovo Group Limited (OTCMKTS:LNVGY) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.51 and traded as high as $31.72. Lenovo Group shares last traded at $30.55, with a volume of 27,806 shares.

Lenovo Group Stock Down 2.8 %

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 $28.71 and a two-hundred day simple moving average of $26.56. The stock has a market cap of $18.46 billion, a P/E ratio of 12.40, a P/E/G ratio of 0.67 and a beta of 0.71.

Lenovo Group (OTCMKTS:LNVGY) last issued its quarterly earnings data on Wednesday, February 19th. The technology company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.47. The firm had revenue of $18.80 billion for the quarter, compared to analyst estimates of $17.85 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. On average, equities analysts forecast that Lenovo Group Limited will post 2.06 EPS for the current year.

Lenovo Group Company Profile

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.