LGL Group (NYSEAMERICAN:LGL) Releases Quarterly Earnings Results

LGL Group (NYSEAMERICAN:LGL) issued its quarterly earnings results on Thursday. The industrial products company reported $0.14 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $1.11 million during the quarter. LGL Group had a return on equity of 0.53% and a net margin of 5.19%.

LGL Group Trading Up 6.4%

NYSEAMERICAN:LGL traded up $0.37 on Thursday, reaching $6.22. 13,664 shares of the stock traded hands, compared to its average volume of 9,137. The company has a market capitalization of $33.55 million, a price-to-earnings ratio of 155.54 and a beta of 0.36. LGL Group has a 12 month low of $5.60 and a 12 month high of $9.74. The company’s fifty day simple moving average is $6.39 and its 200 day simple moving average is $6.76.

About 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.