Lenovo Group (OTCMKTS:LNVGY) Receiving Somewhat Favorable Press Coverage, Analysis Shows

Media headlines about Lenovo Group (OTCMKTS:LNVGY) have trended somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lenovo Group earned a news sentiment score of 1.00 on their scale. InfoTrie also gave headlines about the technology company an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.

Shares of OTCMKTS:LNVGY traded up $0.29 during midday trading on Friday, reaching $15.08. The company’s stock had a trading volume of 21,282 shares, compared to its average volume of 49,973. The firm has a market capitalization of $8.88 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 0.66 and a beta of 1.65. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.68 and a current ratio of 0.84. The firm has a 50 day moving average price of $13.50 and a two-hundred day moving average price of $14.26. Lenovo Group has a fifty-two week low of $12.44 and a fifty-two week high of $19.04.

Lenovo Group (OTCMKTS:LNVGY) last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.14). The business had revenue of $13.52 billion during the quarter, compared to analyst estimates of $13.89 billion. Lenovo Group had a net margin of 1.38% and a return on equity of 17.61%. As a group, research analysts anticipate that Lenovo Group will post 1.36 earnings per share for the current year.

LNVGY has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Lenovo Group from a “hold” rating to a “sell” rating in a research note on Wednesday, November 13th. ValuEngine raised Lenovo Group from a “strong sell” rating to a “sell” rating in a research note on Tuesday, December 3rd.

Lenovo Group Company Profile

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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