Lenovo Group Limited (OTCMKTS:LNVGY) Sees Significant Decrease in Short Interest

Lenovo Group Limited (OTCMKTS:LNVGY) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 34,300 shares, a decrease of 39.1% from the October 15th total of 56,300 shares. Based on an average daily volume of 117,900 shares, the short-interest ratio is currently 0.3 days.

Lenovo Group Trading Down 0.6 %

OTCMKTS LNVGY traded down $0.15 during trading on Friday, hitting $23.89. 67,570 shares of the company’s stock traded hands, compared to its average volume of 61,473. The firm has a market cap of $14.81 billion, a P/E ratio of 12.84, a PEG ratio of 0.58 and a beta of 0.81. The stock has a fifty day moving average of $26.44 and a two-hundred day moving average of $26.53. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.85 and a quick ratio of 0.58. Lenovo Group has a 12-month low of $19.79 and a 12-month high of $31.82.

Lenovo Group (OTCMKTS:LNVGY) last announced its quarterly earnings data on Thursday, August 15th. The technology company reported $0.38 earnings per share for the quarter. Lenovo Group had a return on equity of 18.08% and a net margin of 1.81%. The firm had revenue of $15.45 billion during the quarter. As a group, sell-side analysts expect that Lenovo Group will post 1.93 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.