Lenovo Group (OTCMKTS:LNVGY) Sets New 1-Year Low at $12.44
Lenovo Group Limited (OTCMKTS:LNVGY) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $12.44 and last traded at $12.73, with a volume of 44170 shares. The stock had previously closed at $12.83.
Several research firms have weighed in on LNVGY. ValuEngine raised Lenovo Group from a “strong sell” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research cut Lenovo Group from a “hold” rating to a “sell” rating in a research report on Wednesday, November 13th.
The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 13.01, a PEG ratio of 0.44 and a beta of 1.66. The stock’s 50 day moving average is $14.15 and its 200 day moving average is $14.55. The company has a current ratio of 0.83, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50.
Lenovo Group Limited, together with its subsidiaries, develops, manufactures, and markets technology products and services. It offers commercial and consumer personal computers, as well as servers and workstations; mobile Internet devices, including tablets and smart phones; storage and networking products; memory and processors; rack and power infrastructure; and laptops, desktops, and accessories, as well as operating systems, security, and systems management software.
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