The LGL Group (NYSEAMERICAN:LGL) Shares Cross Above 200-Day Moving Average – Should You Sell?

Shares of The LGL Group, Inc. (NYSEAMERICAN:LGLGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $6.19. The LGL Group shares last traded at $5.91, with a volume of 13,961 shares.

The LGL Group Stock Up 0.2 %

The firm has a market cap of $31.64 million, a price-to-earnings ratio of -1.56, a price-to-earnings-growth ratio of 1.42 and a beta of 0.60.

The LGL Group (NYSEAMERICAN:LGLGet Free Report) last released its quarterly earnings results on Tuesday, August 13th. The industrial products company reported $0.02 earnings per share for the quarter. The company had revenue of $0.53 million during the quarter. The LGL Group had a negative return on equity of 30.65% and a negative net margin of 64.20%. On average, research analysts anticipate that The LGL Group, Inc. will post 0.12 earnings per share for the current fiscal year.

The LGL Group Company Profile

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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.

Further Reading

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