Lenovo Group (OTCMKTS:LNVGF) Shares Up 4% – Still a Buy?

Lenovo Group Limited (OTCMKTS:LNVGFGet Free Report)’s stock price traded up 4% on Friday . The stock traded as high as $1.17 and last traded at $1.17. 211,410 shares changed hands during trading, an increase of 261% from the average session volume of 58,549 shares. The stock had previously closed at $1.12.

Lenovo Group Stock Up 4.0 %

The business has a fifty day moving average price of $1.27 and a two-hundred day moving average price of $1.30.

Lenovo Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 28th were paid a $0.085 dividend. The ex-dividend date was Wednesday, November 27th. This represents a yield of 4.07%. Lenovo Group’s dividend payout ratio is presently 36.14%.

Lenovo Group Company Profile

(Get Free Report)

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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