Lenovo Group (OTCMKTS:LNVGY) Shares Pass Above 200 Day Moving Average – Here’s Why

Lenovo Group Ltd. (OTCMKTS:LNVGYGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.82 and traded as high as $29.50. Lenovo Group shares last traded at $29.50, with a volume of 35,283 shares.

Lenovo Group Trading Down 0.4%

The stock has a fifty day moving average of $29.33 and a 200 day moving average of $25.82. The company has a market capitalization of $18.30 billion, a P/E ratio of 11.80, a PEG ratio of 0.64 and a beta of 0.73. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.67 and a current ratio of 0.95.

About Lenovo Group

(Get Free Report)

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.

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