StockNews.com began coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a report issued on Saturday morning. The brokerage issued a hold rating on the stock.
The LGL Group Stock Performance
NYSE:LGL opened at $5.96 on Friday. The LGL Group has a twelve month low of $4.42 and a twelve month high of $6.76. The company has a fifty day moving average of $5.88 and a 200-day moving average of $5.57.
The LGL Group (NYSE:LGL – Get Free Report) last posted its quarterly earnings results on Tuesday, August 13th. The company reported $0.02 earnings per share for the quarter. The firm 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%.
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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