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 report released on Monday, Zacks reports.
Lenovo Group Price Performance
OTCMKTS LNVGY opened at $65.32 on Monday. The stock has a market capitalization of $41.89 billion, a price-to-earnings ratio of 63.42 and a beta of 1.27. Lenovo Group has a 1-year low of $21.00 and a 1-year high of $98.50. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.98 and a quick ratio of 0.67. The business’s fifty day moving average price is $82.50 and its 200-day moving average price is $60.53.
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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