StockNews.com started 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 Price Performance
Shares of NYSE:LGL opened at $6.13 on Thursday. The company’s 50-day moving average is $5.78 and its 200 day moving average is $5.60. The LGL Group has a fifty-two week low of $4.33 and a fifty-two week high of $6.76.
The LGL Group (NYSE:LGL – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $0.53 million for the quarter. The LGL Group had a net margin of 14.07% and a return on equity of 1.05%.
The LGL Group Company Profile
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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