Lenovo Group (OTCMKTS:LNVGY) Reaches New 12-Month High – What’s Next?

Lenovo Group Limited (OTCMKTS:LNVGY) shares reached a new 52-week high on Friday . The stock traded as high as $35.09 and last traded at $34.66, with a volume of 80830 shares trading 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 stock has a market cap of $21.50 billion, a price-to-earnings ratio of 18.63, a PEG ratio of 0.70 and a beta of 0.75. The firm’s 50-day simple moving average is $26.15 and its two-hundred day simple moving average is $25.68.

Lenovo Group (OTCMKTS:LNVGY) last posted its quarterly earnings data 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 firm had revenue of $18.80 billion during the quarter, compared to analysts’ expectations of $17.85 billion. Lenovo Group had a net margin of 1.89% and a return on equity of 19.49%. On average, sell-side analysts expect that Lenovo Group Limited will post 2.06 EPS for the current fiscal 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.