Lenovo Group (OTCMKTS:LNVGY) Stock Gets Downgrade from Zacks Research

Lenovo Group (OTCMKTS:LNVGY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

Lenovo Group Trading Down 6.8%

LNVGY opened at $65.32 on Monday. The firm’s fifty day moving average is $82.50 and its two-hundred day moving average is $60.53. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.67 and a current ratio of 0.98. The firm has a market cap of $41.89 billion, a PE ratio of 63.42 and a beta of 1.27. Lenovo Group has a twelve month low of $21.00 and a twelve month high of $98.50.

About Lenovo Group

(Get Free Report)

Lenovo Group Limited is a global technology company that develops, manufactures and sells personal computers, smart devices, infrastructure products and technology services. Its portfolio includes ThinkPad, ThinkBook, Yoga and Legion PCs, as well as tablets, workstations, accessories and other connected devices. Lenovo also markets smartphones under the Motorola brand.

The company serves consumers, small and medium-sized businesses, large enterprises, governments and education customers.

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