The LGL Group, Inc. (NYSE:LGL) Stake Raised by Bard Associates Inc.

Bard Associates Inc. grew its holdings in shares of The LGL Group, Inc. (NYSE:LGL) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 539,700 shares of the company’s stock after purchasing an additional 8,098 shares during the period. The LGL Group comprises approximately 1.1% of Bard Associates Inc.’s portfolio, making the stock its 27th biggest holding. Bard Associates Inc. owned 0.10% of The LGL Group worth $3,222,000 at the end of the most recent reporting period.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of The LGL Group in a report on Tuesday. They issued a “hold” rating on the stock.

The LGL Group Trading Down 3.8 %

Shares of NYSE:LGL opened at $6.59 on Tuesday. The stock has a fifty day moving average of $6.55 and a 200-day moving average of $6.16. The LGL Group, Inc. has a one year low of $4.86 and a one year high of $7.01.

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.