Short Interest in Lenovo Group Limited (OTCMKTS:LNVGY) Grows By 7,750.0%

Lenovo Group Limited (OTCMKTS:LNVGY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 31,400 shares, a growth of 7,750.0% from the September 15th total of 400 shares. Based on an average daily trading volume, of 289,800 shares, the short-interest ratio is presently 0.1 days.

Lenovo Group Stock Up 0.6 %

Shares of OTCMKTS:LNVGY traded up $0.17 during trading hours on Friday, reaching $27.79. The stock had a trading volume of 51,048 shares, compared to its average volume of 63,322. Lenovo Group has a 1 year low of $19.52 and a 1 year high of $31.82. The firm’s 50 day moving average is $25.23 and its 200-day moving average is $25.66. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.85. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of 17.16, a P/E/G ratio of 0.64 and a beta of 0.81.

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