Stock analysts at StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.
The LGL Group Price Performance
LGL opened at $5.82 on Monday. The LGL Group has a 52-week low of $4.20 and a 52-week high of $6.76. The business’s fifty day moving average is $5.61 and its 200-day moving average is $5.63.
The LGL Group (NYSE:LGL – Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $0.53 million for the quarter. The LGL Group had a return on equity of 1.05% and a net margin of 14.07%.
Institutional Trading of The LGL Group
The LGL Group Company Profile
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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