StockNews.com Begins Coverage on The LGL Group (NYSE:LGL)

StockNews.com began coverage on shares of The LGL Group (NYSE:LGLGet Rating) in a report issued on Sunday morning. The firm issued a hold rating on the stock.

The LGL Group Stock Performance

NYSE LGL opened at $4.38 on Friday. The LGL Group has a 52 week low of $3.88 and a 52 week high of $15.15. The business’s fifty day moving average is $4.34. The stock has a market cap of $23.42 million, a price-to-earnings ratio of -1.15, a PEG ratio of 0.79 and a beta of 0.63.

The LGL Group (NYSE:LGLGet Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.01. The firm had revenue of $8.76 million for the quarter, compared to analyst estimates of $7.70 million. The LGL Group had a negative net margin of 64.20% and a negative return on equity of 30.65%. As a group, equities research analysts expect that The LGL Group will post 0.13 earnings per share for the current fiscal year.

The LGL Group Company Profile

(Get Rating)

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.

Recommended Stories

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.