Lenovo Group (OTCMKTS:LNVGY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Lenovo Group Limited (OTCMKTS:LNVGY) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $26.35 and traded as high as $26.78. Lenovo Group shares last traded at $26.67, with a volume of 17,922 shares traded.

Lenovo Group Price Performance

The company has a market capitalization of $16.54 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 0.62 and a beta of 0.81. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.58 and a current ratio of 0.85. The business has a 50 day moving average price of $26.21 and a 200-day moving average price of $26.35.

Lenovo Group (OTCMKTS:LNVGY) last issued its earnings results on Thursday, August 15th. The technology company reported $0.38 EPS for the quarter. Lenovo Group had a return on equity of 18.08% and a net margin of 1.81%. The business had revenue of $15.45 billion during the quarter. Research analysts predict that Lenovo Group Limited will post 1.93 EPS for the current fiscal year.

Lenovo Group Company Profile

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.