Lenovo Group (OTCMKTS:LNVGY – Get Free Report) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.
Lenovo Group Stock Down 2.9%
OTCMKTS:LNVGY opened at $79.48 on Monday. The firm’s 50-day moving average price is $82.59 and its 200-day moving average price is $58.92. The company has a market capitalization of $49.34 billion, a PE ratio of 77.17 and a beta of 1.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.98 and a quick ratio of 0.67. Lenovo Group has a 1-year low of $21.00 and a 1-year high of $98.50.
Lenovo Group Company Profile
Lenovo Group Limited is a global technology company that develops, manufactures and sells a broad range of information technology products and services. Its portfolio includes personal computers, laptops, workstations, tablets, smartphones, servers, storage systems, accessories and other smart devices. The company also provides information technology infrastructure, managed services, support and solutions for businesses, governments and other organizations.
Lenovo was founded in Beijing in 1984 and was originally known as Legend.
Further Reading
- Five stocks we like better than Lenovo Group
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for Lenovo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lenovo Group and related companies with MarketBeat.com's FREE daily email newsletter.
