The LGL Group (NYSE:LGL) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of The LGL Group (NYSE:LGLFree Report) in a research report report published on Friday. The brokerage issued a hold rating on the stock.

The LGL Group Stock Performance

The LGL Group stock opened at $5.50 on Friday. The firm has a 50 day moving average price of $5.33 and a two-hundred day moving average price of $5.79. The LGL Group has a 52-week low of $4.20 and a 52-week high of $6.76.

Institutional Trading of The LGL Group

An institutional investor recently raised its position in The LGL Group stock. Bard Associates Inc. increased its holdings in shares of The LGL Group, Inc. (NYSE:LGLFree Report) by 41.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 417,786 shares of the company’s stock after purchasing an additional 121,403 shares during the period. Bard Associates Inc. owned approximately 7.81% of The LGL Group worth $2,565,000 at the end of the most recent quarter. 30.28% of the stock is owned by hedge funds and other institutional investors.

The LGL Group Company Profile

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The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; Network Time Protocol (NTP) servers; and redundancy auto switches.

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