StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research report sent to investors on Saturday. The firm issued a hold rating on the stock.
The LGL Group Stock Performance
Shares of LGL stock opened at $4.82 on Friday. The LGL Group has a 1-year low of $3.88 and a 1-year high of $5.24. The business’s 50-day moving average is $4.57.
The LGL Group (NYSE:LGL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.05). The business had revenue of $0.40 million for the quarter, compared to the consensus estimate of $0.50 million. Analysts forecast that The LGL Group will post 0.06 earnings per share for the current fiscal year.
About The LGL Group
The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company offers NTP Servers, broadband amplifiers, RF distribution, 1PPS distribution, and fiber optic distribution.
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