Lenovo Group Limited (OTCMKTS:LNVGY – Get Free Report) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, a decrease of 85.8% from the February 28th total of 21,800 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 170,800 shares, the short-interest ratio is presently 0.0 days.
Lenovo Group Price Performance
Shares of OTCMKTS LNVGY traded up $0.15 during mid-day trading on Wednesday, hitting $29.38. 23,967 shares of the stock traded hands, compared to its average volume of 108,782. The company has a market cap of $18.22 billion, a PE ratio of 12.24, a price-to-earnings-growth ratio of 0.67 and a beta of 0.71. Lenovo Group has a twelve month low of $20.56 and a twelve month high of $35.09. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.58. The firm has a 50 day simple moving average of $29.14 and a two-hundred day simple moving average of $26.73.
Lenovo Group (OTCMKTS:LNVGY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The technology company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $17.85 billion. As a group, equities research analysts forecast that Lenovo Group will post 2.06 EPS for the current fiscal 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.
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