Zacks Research cut shares of Lenovo Group (OTCMKTS:LNVGY – Free Report) from a strong-buy rating to a hold rating in a research report released on Monday,Zacks reports.
Lenovo Group Stock Performance
Shares of OTCMKTS:LNVGY opened at $65.32 on Monday. The firm has a fifty day simple moving average of $82.50 and a two-hundred day simple moving average of $60.53. Lenovo Group has a 52 week low of $21.00 and a 52 week high of $98.50. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $41.89 billion, a P/E ratio of 63.42 and a beta of 1.27.
About Lenovo Group
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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