Separately, Zacks Investment Research downgraded shares of Lenovo Group from a hold rating to a sell rating in a report on Wednesday, November 13th.
Shares of OTCMKTS LNVGY opened at $12.73 on Tuesday. Lenovo Group has a twelve month low of $12.44 and a twelve month high of $19.04. The company has a current ratio of 0.83, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 0.44 and a beta of 1.66. The firm has a 50-day moving average of $14.17 and a two-hundred day moving average of $14.56.
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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