Lenovo Group (OTCMKTS:LNVGY) Hits New 1-Year High at $29.68

Lenovo Group Limited (OTCMKTS:LNVGY)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $29.68 and last traded at $28.89, with a volume of 89106 shares traded. The stock had previously closed at $26.11.

Lenovo Group Price Performance

The firm has a market cap of $17.92 billion, a PE ratio of 20.49, a PEG ratio of 2.27 and a beta of 0.91. The firm has a fifty day simple moving average of $23.45 and a two-hundred day simple moving average of $24.03. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.64 and a current ratio of 0.87.

Lenovo Group (OTCMKTS:LNVGY) last released its quarterly earnings results on Wednesday, February 21st. The technology company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.04. The business had revenue of $15.72 billion during the quarter. Lenovo Group had a return on equity of 15.11% and a net margin of 1.60%. Equities analysts predict that Lenovo Group Limited will post 1.64 EPS for the current fiscal year.

About Lenovo Group

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.