StockNews.com started coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research report released on Monday. The firm issued a hold rating on the stock.
The LGL Group Stock Performance
Shares of The LGL Group stock opened at $6.44 on Monday. The LGL Group has a 52-week low of $4.15 and a 52-week high of $6.76. The stock’s 50-day simple moving average is $6.23 and its 200 day simple moving average is $5.45.
Institutional Investors Weigh In On The LGL Group
A hedge fund recently raised its stake in The LGL Group stock. Bard Associates Inc. increased its stake in The LGL Group, Inc. (NYSE:LGL – Free Report) by 41.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 417,786 shares of the company’s stock after purchasing an additional 121,403 shares during the period. Bard Associates Inc. owned approximately 7.81% of The LGL Group worth $2,565,000 as of its most recent SEC filing. 30.28% of the stock is currently owned by hedge funds and other institutional investors.
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 offers NTP Servers, broadband amplifiers, RF distribution, 1PPS distribution, and fiber optic distribution.
Further Reading
- Five stocks we like better than The LGL Group
- Overbought Stocks Explained: Should You Trade Them?
- 3 Value Stocks Too Small For Buffett’s Portfolio
- Industrial Products Stocks Investing
- Foot Locker Builds Up Another Head of Steam; Gains Imminent
- How to Use the MarketBeat Stock Split Calculator
- Disney Stock Catches 3 Upgrades In a Single Week
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.
