Lenovo Group Limited (OTCMKTS:LNVGY – Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $25.89 and traded as high as $26.26. Lenovo Group shares last traded at $25.28, with a volume of 56,270 shares trading hands.
Lenovo Group Stock Performance
The firm’s 50 day simple moving average is $24.73 and its 200 day simple moving average is $25.87. The firm has a market cap of $15.68 billion, a PE ratio of 13.59, a PEG ratio of 0.51 and a beta of 0.78. The company has a current ratio of 0.86, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43.
Lenovo Group Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Wednesday, November 27th were given a $0.1984 dividend. The ex-dividend date was Wednesday, November 27th. Lenovo Group’s dividend payout ratio is currently 20.97%.
About Lenovo Group
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.
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