Lenovo Group (OTCMKTS:LNVGY) Upgraded to “Hold” at ValuEngine

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Lenovo Group (OTCMKTS:LNVGY) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Friday, ValuEngine reports.

Separately, Zacks Investment Research upgraded shares of Lenovo Group from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th.

Shares of OTCMKTS:LNVGY traded down $0.44 during trading hours on Friday, hitting $14.22. The company’s stock had a trading volume of 45,344 shares, compared to its average volume of 32,760. Lenovo Group has a 52 week low of $12.44 and a 52 week high of $19.04. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.84 and a quick ratio of 0.68. The company has a market capitalization of $8.81 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.61 and a beta of 1.67. The firm’s fifty day moving average price is $14.08 and its 200 day moving average price is $13.90.

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.

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

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