LGL Group (NYSEAMERICAN:LGL) Shares Cross Above 200 Day Moving Average – Should You Sell?

LGL Group, Inc. (The) (NYSEAMERICAN:LGL)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.40 and traded as high as $7.16. LGL Group shares last traded at $7.16, with a volume of 2,730 shares.

LGL Group Stock Performance

The company has a market capitalization of $39.59 million, a P/E ratio of 42.12 and a beta of 0.33. The firm’s fifty day moving average is $6.26 and its 200 day moving average is $6.40.

LGL Group (NYSEAMERICAN:LGL) last announced its earnings results on Thursday, November 13th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter. LGL Group had a return on equity of 2.22% and a net margin of 22.33%.The business had revenue of $0.66 million during the quarter. On average, analysts forecast that LGL Group, Inc. will post 0.12 EPS for the current year.

LGL Group Company Profile

LGL Group Inc is a United States–based company specializing in the development and commercialization of digital pathology and molecular imaging systems for research and clinical laboratories. The company’s core focus lies in enabling high-resolution visualization and quantitative analysis of tissue samples, helping scientists and pathologists accelerate biomarker discovery and diagnostic workflows. LGL Group’s platform combines advanced optics, automated slide scanning and image analysis software to deliver end-to-end solutions tailored to oncology, immunology and neuroscience research.

The company’s flagship offerings include whole-slide scanners capable of rapid, high-throughput scanning at resolutions suited for detailed morphometric and fluorescence studies.