The LGL Group (NYSE:LGL) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of The LGL Group (NYSE:LGLGet Rating) in a research report issued to clients and investors on Saturday. The firm set a “hold” rating on the stock.

The LGL Group Stock Up 3.0 %

Shares of LGL opened at $4.47 on Friday. The stock has a market cap of $23.93 million, a PE ratio of -1.18, a P/E/G ratio of 0.80 and a beta of 0.63. The firm’s fifty day moving average price is $4.41. The LGL Group has a twelve month low of $3.88 and a twelve month high of $15.15.

The LGL Group (NYSE:LGLGet Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. 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 $8.76 million during the quarter, compared to analyst estimates of $7.70 million. On average, analysts predict that The LGL Group will post 0.13 earnings per share for the current fiscal year.

The LGL Group Company Profile

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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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