LGL Group (NYSEAMERICAN:LGL) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

LGL Group, Inc. (The) (NYSEAMERICAN:LGL) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.40 and traded as high as $7.16. LGL Group shares last traded at $7.16, with a volume of 2,730 shares changing hands.

LGL Group Trading Up 1.3%

The firm has a 50-day moving average of $6.29 and a two-hundred day moving average of $6.40. The firm has a market capitalization of $40.09 million, a P/E ratio of 42.65 and a beta of 0.33.

LGL Group (NYSEAMERICAN:LGL) last issued its earnings results on Thursday, November 13th. The industrial products company reported $0.14 EPS for the quarter. The firm had revenue of $0.66 million during the quarter. LGL Group had a return on equity of 2.22% and a net margin of 22.33%. On average, sell-side analysts anticipate that LGL Group, Inc. will post 0.12 EPS for the current fiscal year.

About LGL Group

LGL Group Inc is a United States–based company specializing in the development and commercialization of digital pathology and molecular imaging systems for research and clinical laboratories. The company’s core focus lies in enabling high-resolution visualization and quantitative analysis of tissue samples, helping scientists and pathologists accelerate biomarker discovery and diagnostic workflows. LGL Group’s platform combines advanced optics, automated slide scanning and image analysis software to deliver end-to-end solutions tailored to oncology, immunology and neuroscience research.

The company’s flagship offerings include whole-slide scanners capable of rapid, high-throughput scanning at resolutions suited for detailed morphometric and fluorescence studies.