StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a report published on Sunday. The firm issued a hold rating on the stock.
The LGL Group Trading Up 1.0 %
LGL stock opened at $5.86 on Friday. The business’s fifty day moving average price is $5.92 and its 200 day moving average price is $5.58. 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 issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The LGL Group had a net margin of 14.07% and a return on equity of 1.05%. The business had revenue of $0.53 million for the quarter.
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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