Stock analysts at StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a report issued on Sunday. The firm set a “hold” rating on the stock.
The LGL Group Trading Up 3.1 %
Shares of NYSE:LGL opened at $5.98 on Friday. The company has a 50 day moving average of $5.91 and a 200-day moving average of $5.58. The LGL Group has a one year low of $4.42 and a one year high of $6.76.
The LGL Group (NYSE:LGL – Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported $0.02 EPS for the quarter. The firm had revenue of $0.53 million during the quarter. The LGL Group had a net margin of 14.07% and a return on equity of 1.05%.
About The LGL Group
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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