Investment analysts at StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.
The LGL Group Stock Performance
NYSE LGL opened at $6.24 on Wednesday. The company has a 50-day moving average price of $5.73 and a two-hundred day moving average price of $5.61. The LGL Group has a 52 week low of $4.20 and a 52 week high of $6.76.
The LGL Group (NYSE:LGL – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The business 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%.
Hedge Funds Weigh In On The LGL Group
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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