Lenovo Group Limited (OTCMKTS:LNVGY) Short Interest Update

Lenovo Group Limited (OTCMKTS:LNVGY) was the target of a large decline in short interest in October. As of October 31st, there was short interest totalling 34,300 shares, a decline of 39.1% from the October 15th total of 56,300 shares. Based on an average trading volume of 117,900 shares, the days-to-cover ratio is currently 0.3 days.

Lenovo Group Stock Down 0.6 %

LNVGY traded down $0.15 during trading on Friday, reaching $23.89. The stock had a trading volume of 67,570 shares, compared to its average volume of 61,473. The company has a current ratio of 0.85, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 12.84, a P/E/G ratio of 0.58 and a beta of 0.81. The stock’s 50 day moving average is $26.44 and its two-hundred day moving average is $26.53. Lenovo Group has a one year low of $19.79 and a one year high of $31.82.

Lenovo Group (OTCMKTS:LNVGY) last issued its quarterly earnings results on Thursday, August 15th. The technology company reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $15.45 billion during the quarter. Lenovo Group had a net margin of 1.81% and a return on equity of 18.08%. As a group, analysts expect that Lenovo Group will post 1.93 earnings per share for the current year.

Lenovo Group Company Profile

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.