Shares of Lenovo Group Limited (OTCMKTS:LNVGY – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $25.89 and traded as high as $26.26. Lenovo Group shares last traded at $25.28, with a volume of 56,270 shares.
Lenovo Group Trading Up 0.8 %
The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.86. The stock has a market capitalization of $15.68 billion, a price-to-earnings ratio of 13.59, a PEG ratio of 0.51 and a beta of 0.78. The company’s 50 day moving average is $24.73 and its 200 day moving average is $25.89.
Lenovo Group Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 27th were paid a $0.1984 dividend. The ex-dividend date was Wednesday, November 27th. Lenovo Group’s payout ratio is presently 20.97%.
About Lenovo Group
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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