StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research note released on Thursday. The brokerage issued a hold rating on the stock.
The LGL Group Stock Up 1.2 %
LGL opened at $6.13 on Thursday. The LGL Group has a 52 week low of $4.33 and a 52 week high of $6.76. The business’s fifty day simple moving average is $5.78 and its 200 day simple moving average is $5.60.
The LGL Group (NYSE:LGL – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.02 EPS for the quarter. The business had revenue of $0.53 million during the quarter. The LGL Group had a net margin of 14.07% and a return on equity of 1.05%.
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.
See Also
- Five stocks we like better than The LGL Group
- Stock Dividend Cuts Happen Are You Ready?
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- How to Calculate Options Profits
- MarketBeat Week in Review – 9/30 – 10/4
- Trading Halts Explained
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for The LGL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The LGL Group and related companies with MarketBeat.com's FREE daily email newsletter.
