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Lenovo Group Limited (LNVGY)

Other OTC - Other OTC Delayed Price. Currency in USD
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11.52-0.36 (-3.03%)
At close: 3:59PM EDT
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Previous Close11.88
Bid0.00 x 0
Ask0.00 x 0
Day's Range11.51 - 11.65
52 Week Range11.51 - 14.15
Avg. Volume33,919
Market Cap6.42B
PE Ratio (TTM)11.76
Earnings DateN/A
Dividend & Yield0.68 (5.90%)
Ex-Dividend Date2017-07-06
1y Target EstN/A
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  • TheStreet.com2 days ago

    Lenovo Posts Surprise Loss as Chip Shortages Squeeze Margins

    China's biggest PC seller said chip prices will continue to rise for the rest of the year and could force it into a price hike.

  • Reuters2 days ago

    China's Lenovo warns of cost challenges as it sinks to Q1 loss

    Chinese personal computer maker Lenovo Group Ltd warned of higher costs and margin pressure due to shortages of components like memory chips, as it posted its first quarterly loss in almost two years on Friday. It was the company's first quarterly loss since September 2015 and lagged analysts' average forecast of a $5.29 million profit, sending the stock down as much as 5 percent to a year-low of HK$4.52 during Friday morning trade. The outlook for the rest of the year was challenging as component shortages would dive costs higher, possibly forcing the company to raise its selling price to protect margins, executives said.

  • The Wall Street Journal2 days ago

    [$$] Higher Costs Chip Away at Lenovo's Profitability

    A supply squeeze in memory chips is hampering Lenovo Group’s turnaround strategy, pushing the PC and phone maker to its first quarterly loss in nearly two years.