The LGL Group (NYSEAMERICAN:LGL) Shares Cross Above 200-Day Moving Average – Should You Sell?

The LGL Group, Inc. (NYSEAMERICAN:LGL) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $6.18. The LGL Group shares last traded at $5.96, with a volume of 5,324 shares traded.

The LGL Group Stock Performance

The stock has a market capitalization of $31.90 million, a price-to-earnings ratio of -1.57, a price-to-earnings-growth ratio of 1.42 and a beta of 0.60.

The LGL Group (NYSEAMERICAN:LGL) last released its quarterly earnings data on Tuesday, August 13th. The industrial products company reported $0.02 EPS for the quarter. The LGL Group had a negative net margin of 64.20% and a negative return on equity of 30.65%. The business had revenue of $0.53 million during the quarter. As a group, equities analysts forecast that The LGL Group, Inc. will post 0.12 earnings per share for the current fiscal year.

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.