The LGL Group (NYSE:LGL) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Get Rating) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

The LGL Group Trading Up 3.1 %

The LGL Group stock opened at $4.34 on Friday. The stock has a market capitalization of $23.22 million, a P/E ratio of -1.14, a price-to-earnings-growth ratio of 0.75 and a beta of 0.64. The company’s fifty day simple moving average is $4.53. The LGL Group has a 52-week low of $3.88 and a 52-week high of $15.15.

The LGL Group Company Profile

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LGL Group, Inc is a holding company, which engages in the manufacture, design and marketing of industrial and commercial products and services. It operates through the following business segments: Electronic Components and Electronic Instruments. The Electronic Components segment offers highly-engineered and highly-reliability frequency and spectrum control products.