StockNews.com assumed coverage on shares of The LGL Group (NYSE:LGL – Free Report) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the stock.
The LGL Group Stock Up 0.6 %
Shares of LGL stock opened at $5.44 on Thursday. The stock has a fifty day moving average price of $6.10 and a 200 day moving average price of $5.57. The LGL Group has a one year low of $4.18 and a one year 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. increased its position 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 Securities & Exchange Commission. The firm owned 417,786 shares of the company’s stock after purchasing an additional 121,403 shares during the quarter. 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 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.
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