Lenovo Group (OTCMKTS:LNVGY) Reaches New 1-Year High – Here’s What Happened

Lenovo Group Limited (OTCMKTS:LNVGY) hit a new 52-week high on Friday . The company traded as high as $35.09 and last traded at $34.66, with a volume of 80830 shares changing hands. The stock had previously closed at $30.91.

Lenovo Group Stock Up 12.2 %

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.86. The firm has a market capitalization of $21.50 billion, a P/E ratio of 14.44, a P/E/G ratio of 0.67 and a beta of 0.75. The stock has a fifty day moving average price of $26.37 and a two-hundred day moving average price of $25.75.

Lenovo Group (OTCMKTS:LNVGY) last issued its quarterly earnings data on Wednesday, February 19th. The technology company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.47. The firm had revenue of $18.80 billion during the quarter, compared to the consensus estimate of $17.85 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. Research analysts forecast that Lenovo Group Limited will post 2.06 EPS for the current 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.