StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research note released on Monday morning. The brokerage issued a hold rating on the stock.
The LGL Group Stock Performance
Shares of LGL opened at $5.90 on Monday. The company has a 50-day moving average price of $5.93 and a two-hundred day moving average price of $5.59. The LGL Group has a 12 month low of $4.42 and a 12 month high of $6.76.
The LGL Group (NYSE:LGL – Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported $0.02 EPS for the quarter. The LGL Group had a return on equity of 1.05% and a net margin of 14.07%. The business had revenue of $0.53 million during the quarter.
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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