Equities researchers at StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Get Free Report) in a note issued to investors on Friday. The firm set a “hold” rating on the stock.
The LGL Group Stock Performance
NYSE:LGL opened at $6.75 on Friday. The LGL Group has a 1 year low of $4.86 and a 1 year high of $7.28. The stock’s fifty day moving average price is $6.63 and its two-hundred day moving average price is $6.24.
Hedge Funds Weigh In On The LGL Group
A hedge fund recently raised its stake in The LGL Group stock. Bard Associates Inc. boosted its holdings in shares of The LGL Group, Inc. (NYSE:LGL – Free Report) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 539,700 shares of the company’s stock after buying an additional 8,098 shares during the quarter. The LGL Group makes up about 1.1% of Bard Associates Inc.’s investment portfolio, making the stock its 27th largest holding. Bard Associates Inc. owned approximately 10.04% of The LGL Group worth $3,222,000 as of its most recent SEC filing. Institutional investors and hedge funds own 30.28% of the company’s stock.
About The LGL Group
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
- Bank Stocks – Best Bank Stocks to Invest In
- MarketBeat Week in Review – 03/24 – 03/28
- Insider Buying Explained: What Investors Need to Know
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- What is a Low P/E Ratio and What Does it Tell Investors?
- 4 Healthcare Stocks With Massive Gains—and More to Come
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.
