The LGL Group (NYSEAMERICAN:LGL) Share Price Crosses Above 200 Day Moving Average – Here’s Why
by Doug Wharley · The Cerbat GemThe LGL Group, Inc. (NYSEAMERICAN:LGL – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $5.92. The LGL Group shares last traded at $5.92, with a volume of 1,027 shares trading hands.
The LGL Group Price Performance
The company has a market capitalization of $33.56 million, a price-to-earnings ratio of -1.58, a price-to-earnings-growth ratio of 1.42 and a beta of 0.60.
The LGL Group (NYSEAMERICAN:LGL – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The industrial products company reported $0.02 earnings per share for the quarter. The firm had revenue of $0.53 million for the quarter. The LGL Group had a negative net margin of 64.20% and a negative return on equity of 30.65%. Sell-side analysts anticipate that The LGL Group, Inc. will post 0.12 EPS for the current year.
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.