Lenovo Group (OTCMKTS:LNVGY – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.
Lenovo Group Stock Performance
Shares of LNVGY opened at $65.32 on Monday. The business’s fifty day simple moving average is $82.50 and its two-hundred day simple moving average is $60.53. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.66. Lenovo Group has a 12 month low of $21.00 and a 12 month high of $98.50. The company has a market cap of $41.89 billion, a price-to-earnings ratio of 63.42 and a beta of 1.27.
Lenovo Group Company Profile
Lenovo Group Limited is a global technology company that develops, manufactures and sells personal computers, smart devices, infrastructure products and technology services. Its portfolio includes ThinkPad, ThinkBook, Yoga and Legion PCs, as well as tablets, workstations, accessories and other connected devices. Lenovo also markets smartphones under the Motorola brand.
The company serves consumers, small and medium-sized businesses, large enterprises, governments and education customers.
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