LGL Group (NYSEAMERICAN:LGL) Shares Pass Above 200 Day Moving Average – Here’s Why

LGL Group, Inc. (The) (NYSEAMERICAN:LGLGet Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $6.66. LGL Group shares last traded at $6.60, with a volume of 4,931 shares traded.

LGL Group Price Performance

The stock has a fifty day simple moving average of $7.17. The firm has a market cap of $35.57 million, a price-to-earnings ratio of 165.04 and a beta of 0.29.

About LGL Group

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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.

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