StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the stock.
The LGL Group Stock Down 4.2 %
NYSE LGL opened at $5.98 on Friday. The LGL Group has a 52-week low of $4.42 and a 52-week high of $6.76. The company has a fifty day moving average of $5.88 and a 200-day moving average of $5.58.
The LGL Group (NYSE:LGL – Get Free Report) last posted its quarterly earnings data 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 during 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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