Lenovo Group Limited (OTCMKTS:LNVGY) Short Interest Update

Lenovo Group Limited (OTCMKTS:LNVGY) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 900 shares, a drop of 71.0% from the March 15th total of 3,100 shares. Based on an average daily volume of 65,100 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Lenovo Group Stock Up 2.5 %

OTCMKTS:LNVGY traded up $0.51 during trading hours on Tuesday, hitting $21.30. 93,497 shares of the stock traded hands, compared to its average volume of 123,957. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 0.67 and a beta of 0.67. The firm has a 50 day moving average price of $28.72 and a 200 day moving average price of $26.58. The company has a current ratio of 0.86, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. Lenovo Group has a fifty-two week low of $17.84 and a fifty-two week high of $35.09.

Lenovo Group (OTCMKTS:LNVGY) last released its earnings results on Wednesday, February 19th. The technology company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.47. The company had revenue of $18.80 billion for the quarter, compared to analysts’ expectations of $17.85 billion. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. Equities research analysts anticipate that Lenovo Group will post 2.06 earnings per share 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.