|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.15 - 13.21|
|52 Week Range||8.92 - 15.51|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||11.14|
|Forward Dividend & Yield||1.11 (8.47%)|
|Ex-Dividend Date||Jul 10, 2020|
|1y Target Est||13.05|
Nokia on Tuesday sought to enforce an injunction against Lenovo, the world's biggest PC maker, to block sales of its products in Germany after violation of a video encoding patent. A Munich court ruled on Sept. 30 that Hong Kong-listed Lenovo infringed one of Nokia's patents, ordered an injunction and a recall of products from retailers, among other things. Nokia launched its legal battle against Lenovo last year over alleged infringement of 20 patents.
For the second quarter in a row, sales of desktops and laptops grew. Millions of employees continued to turn their homes into offices during the third quarter, and a slew of students are now attending online school as well.
Moody's Investors Service has assigned a first-time Baa3 issuer rating to Lenovo Group Limited. The outlook on the rating is stable. "Lenovo's Baa3 issuer rating reflects the company's position as a leading personal computer provider with a long operating history and track record of both organic and inorganic business growth," says Gerwin Ho, a Moody's Vice President and Senior Credit Officer.