Analysts at StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.
The LGL Group Trading Down 2.0 %
Shares of NYSE LGL opened at $5.81 on Friday. The business has a 50 day simple moving average of $5.82 and a 200-day simple moving average of $5.60. The LGL Group has a twelve month low of $4.35 and a twelve month high of $6.76.
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 (EPS) for the quarter. The LGL Group had a net margin of 14.07% and a return on equity of 1.05%. The company had revenue of $0.53 million for the quarter.
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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