The LGL Group (NYSE:LGL) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of The LGL Group (NYSE:LGL) in a research report released on Thursday. The firm issued a hold rating on the stock.

The LGL Group Trading Up 0.2 %

Shares of LGL opened at $5.20 on Thursday. The firm has a 50-day simple moving average of $5.37 and a two-hundred day simple moving average of $5.78. The LGL Group has a 1-year low of $4.20 and a 1-year high of $6.76.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in The LGL Group stock. Bard Associates Inc. lifted its position in The LGL Group, Inc. (NYSE:LGL) by 41.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 owned by institutional investors.

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.