Lenovo Group (OTCMKTS:LNVGY) Rating Increased to Sell at ValuEngine

ValuEngine upgraded shares of Lenovo Group (OTCMKTS:LNVGY) from a strong sell rating to a sell rating in a report published on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research cut shares of Lenovo Group from a hold rating to a sell rating in a research note on Wednesday, November 13th.

Shares of Lenovo Group stock traded down $0.13 on Tuesday, reaching $12.75. 49,012 shares of the company were exchanged, compared to its average volume of 35,777. Lenovo Group has a one year low of $12.44 and a one year high of $19.04. The company has a market capitalization of $7.74 billion, a price-to-earnings ratio of 12.88, a PEG ratio of 0.44 and a beta of 1.66. The company has a current ratio of 0.83, a quick ratio of 0.68 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average of $14.13 and a 200 day moving average of $14.53.

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.

Further Reading: S&P/ASX 200 Index

To view ValuEngine’s full report, visit ValuEngine’s official website.

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