LGL Group (NYSEAMERICAN:LGL) Share Price Passes Above 200 Day Moving Average – What’s Next?

LGL Group, Inc. (The) (NYSEAMERICAN:LGL) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.42 and traded as high as $7.20. LGL Group shares last traded at $6.80, with a volume of 4,225 shares trading hands.

LGL Group Stock Performance

The firm has a market capitalization of $37.60 million, a PE ratio of 40.00 and a beta of 0.33. The company has a fifty day moving average price of $6.13 and a 200-day moving average price of $6.42.

LGL Group (NYSEAMERICAN:LGL) last announced its quarterly earnings results on Thursday, November 13th. The industrial products company reported $0.14 earnings per share for the quarter. LGL Group had a net margin of 22.33% and a return on equity of 2.22%. The company had revenue of $0.66 million for the quarter. On average, equities analysts predict that LGL Group, Inc. will post 0.12 earnings per share for the current year.

LGL Group Company Profile

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.