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 LNVGY stock opened at $13.72 on Thursday. The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.62 and a beta of 1.67. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.68 and a current ratio of 0.84. The company has a 50-day simple moving average of $13.95 and a 200 day simple moving average of $14.07. Lenovo Group has a 52 week low of $12.44 and a 52 week high of $19.04.
About Lenovo Group
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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