StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a report released on Monday morning. The firm issued a hold rating on the stock.
The LGL Group Trading Down 2.3 %
The LGL Group stock opened at $5.15 on Monday. The stock has a fifty day moving average price of $5.72 and a two-hundred day moving average price of $5.73. The LGL Group has a 52-week low of $4.20 and a 52-week high of $6.76.
Institutional Trading of The LGL Group
A hedge fund recently raised its stake in The LGL Group stock. Bard Associates Inc. grew its holdings in The LGL Group, Inc. (NYSE:LGL – Free Report) by 41.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 417,786 shares of the company’s stock after buying an additional 121,403 shares during the quarter. Bard Associates Inc. owned approximately 7.81% of The LGL Group worth $2,565,000 at the end of the most recent reporting period. 30.28% of the stock is currently owned by institutional investors.
About The LGL Group
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
- How Can Investors Benefit From After-Hours Trading
- What is a Short Call Butterfly Spread? Explanation with Examples
- What are earnings reports?
- First Quarter Wrap-Up Reveals Retail’s Shifting Sands
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Williams-Sonoma Stock Forecast to Hit $500? Here’s How
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.
