Research analysts at StockNews.com began coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a research report issued on Saturday. The firm set a “hold” rating on the stock.
The LGL Group Trading Down 2.9 %
LGL opened at $5.34 on Friday. The LGL Group has a one year low of $4.20 and a one year high of $6.76. The business’s 50 day moving average price is $6.00 and its 200 day moving average price is $5.68.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in The LGL Group stock. Bard Associates Inc. lifted its position in The LGL Group, Inc. (NYSE:LGL – Free Report) by 41.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 417,786 shares of the company’s stock after buying an additional 121,403 shares during the quarter. Bard Associates Inc. owned approximately 7.81% of The LGL Group worth $2,565,000 at the end of the most recent reporting period. 30.28% of the stock is owned by hedge funds and other institutional investors.
The LGL Group Company Profile
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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