The LGL Group, Inc. (NYSEAMERICAN:LGL – Get Rating) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $4.82. The LGL Group shares last traded at $4.70, with a volume of 3,090 shares changing hands.
The LGL Group Stock Performance
The stock has a market cap of $25.14 million, a P/E ratio of 1.93 and a beta of 0.56.
Institutional Trading of The LGL Group
A number of institutional investors have recently bought and sold shares of the company. Horizon Kinetics Asset Management LLC acquired a new position in shares of The LGL Group during the third quarter valued at about $121,000. Ellsworth Advisors LLC acquired a new position in shares of The LGL Group during the third quarter valued at about $332,000. Bard Associates Inc. acquired a new stake in shares of The LGL Group in the 2nd quarter worth about $1,056,000. Vanguard Group Inc. raised its holdings in shares of The LGL Group by 21.4% in the 3rd quarter. Vanguard Group Inc. now owns 93,887 shares of the industrial products company’s stock worth $1,063,000 after acquiring an additional 16,570 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of The LGL Group by 2.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 98,970 shares of the industrial products company’s stock valued at $1,120,000 after acquiring an additional 2,618 shares during the period. Institutional investors own 21.55% of the company’s stock.
The LGL Group Company Profile
The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of frequency and spectrum control products in the United States and internationally. The company operates through two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers clock oscillators, VCXO, TCXO OCXO, and DOCXO devices; and radio frequency, microwave and millimeter wave filters, diplexers, and solid-state power amplifiers.
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