Equities research analysts at StockNews.com initiated coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a research note issued on Thursday. The brokerage set a “hold” rating on the stock.
The LGL Group Price Performance
LGL opened at $6.13 on Thursday. The LGL Group has a 12 month low of $4.33 and a 12 month high of $6.76. The business has a fifty day moving average price of $5.77 and a 200 day moving average price of $5.60.
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 return on equity of 1.05% and a net margin of 14.07%.
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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