StockNews.com Begins Coverage on The LGL Group (NYSE:LGL)

StockNews.com started coverage on shares of The LGL Group (NYSE:LGL) in a report released on Friday. The firm set a “hold” rating on the stock.

The LGL Group Trading Up 5.3 %

LGL stock opened at $6.00 on Friday. The LGL Group has a fifty-two week low of $4.20 and a fifty-two week high of $6.76. The stock has a fifty day moving average of $6.06 and a 200-day moving average of $5.62.

Institutional Inflows and Outflows

An institutional investor recently raised its position in The LGL Group stock. Bard Associates Inc. boosted its stake in The LGL Group, Inc. (NYSE:LGL) by 41.0% in the 4th quarter, according to the company in its most recent 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 filing with the Securities & Exchange Commission. Institutional investors own 30.28% of the company’s stock.

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.