StockNews.com began coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research note issued to investors on Wednesday. The brokerage issued a hold rating on the stock.
The LGL Group Stock Up 4.9 %
LGL opened at $6.04 on Wednesday. The LGL Group has a 12-month low of $4.20 and a 12-month high of $6.76. The firm’s fifty day moving average price is $5.74 and its 200 day moving average price is $5.60.
The LGL Group (NYSE:LGL – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 earnings per share for the quarter. The LGL Group had a return on equity of 1.05% and a net margin of 14.07%. The firm had revenue of $0.53 million during the quarter.
Hedge Funds Weigh In On 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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