The LGL Group (NYSEAMERICAN:LGL) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

The LGL Group, Inc. (NYSEAMERICAN:LGLGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $6.16. The LGL Group shares last traded at $6.16, with a volume of 2,512 shares trading hands.

The LGL Group Stock Up 3.5 %

The company has a market cap of $32.97 million, a price-to-earnings ratio of -1.62, a price-to-earnings-growth ratio of 1.42 and a beta of 0.60.

About The LGL Group

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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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