Zacks Research upgraded shares of Lenovo Group (OTCMKTS:LNVGY – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks reports.
Lenovo Group Stock Performance
LNVGY stock opened at $79.48 on Monday. Lenovo Group has a 1-year low of $21.00 and a 1-year high of $98.50. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average price of $82.59 and a 200-day moving average price of $58.92. The firm has a market cap of $49.34 billion, a PE ratio of 77.17 and a beta of 1.27.
About Lenovo Group
Lenovo Group Limited is a global technology company that develops, manufactures and sells a broad range of information technology products and services. Its portfolio includes personal computers, laptops, workstations, tablets, smartphones, servers, storage systems, accessories and other smart devices. The company also provides information technology infrastructure, managed services, support and solutions for businesses, governments and other organizations.
Lenovo was founded in Beijing in 1984 and was originally known as Legend.
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