Lenovo Group (OTCMKTS:LNVGY – Get Free Report) was upgraded by stock analysts at 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 Trading Down 2.9%
Shares of LNVGY opened at $79.48 on Monday. The company has a 50-day moving average of $82.59 and a 200 day moving average of $58.92. 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. The firm has a market capitalization of $49.34 billion, a price-to-earnings ratio of 77.17 and a beta of 1.27.
About Lenovo Group
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.
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