StockNews.com initiated coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research note released on Sunday morning. The brokerage issued a hold rating on the stock.
The LGL Group Stock Down 3.0 %
LGL stock opened at $5.80 on Friday. The firm’s 50-day simple moving average is $5.91 and its 200 day simple moving average is $5.58. The LGL Group has a fifty-two week low of $4.42 and a fifty-two week high of $6.76.
The LGL Group (NYSE:LGL – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.02 EPS 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.
Read More
- Five stocks we like better than The LGL Group
- Top Stocks Investing in 5G Technology
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- What is Put Option Volume?
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- Most Volatile Stocks, What Investors Need to Know
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
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.
