Lenovo Group (OTCMKTS:LNVGY) Shares Gap Down – Here’s What Happened

Shares of Lenovo Group Ltd. (OTCMKTS:LNVGYGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $26.98, but opened at $25.42. Lenovo Group shares last traded at $25.97, with a volume of 16,348 shares trading hands.

Lenovo Group Stock Performance

The company has a current ratio of 0.95, a quick ratio of 0.67 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $16.06 billion, a P/E ratio of 10.36, a price-to-earnings-growth ratio of 0.58 and a beta of 0.71. The business’s 50 day simple moving average is $29.63 and its two-hundred day simple moving average is $26.96.

Lenovo Group Company Profile

(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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