Lenovo Group (OTCMKTS:LNVGY) Announces Earnings Results

Lenovo Group (OTCMKTS:LNVGY) posted its quarterly earnings data on Wednesday. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.15, Zacks reports. Lenovo Group had a return on equity of 27.33% and a net margin of 2.27%.The firm had revenue of $20.45 billion during the quarter, compared to analyst estimates of $20.09 billion.

Lenovo Group Stock Up 1.5%

Shares of OTCMKTS:LNVGY traded up $0.38 on Thursday, hitting $25.10. 1,998 shares of the company traded hands, compared to its average volume of 84,082. The company has a quick ratio of 0.67, a current ratio of 0.95 and a debt-to-equity ratio of 0.59. The company has a market cap of $15.57 billion, a PE ratio of 10.04, a PEG ratio of 0.54 and a beta of 0.71. Lenovo Group has a 52 week low of $17.84 and a 52 week high of $35.09. The stock has a 50 day simple moving average of $29.45 and a 200-day simple moving average of $26.97.

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.