LGL Group (LGL) Announces Earnings Results

LGL Group (NYSEAMERICAN:LGL) announced its quarterly earnings results on Wednesday. The industrial products company reported $0.10 EPS for the quarter, Morningstar.com reports. The company had revenue of $6.34 million during the quarter.

LGL Group stock traded up $0.63 during trading hours on Thursday, reaching $7.06. The company had a trading volume of 35,300 shares, compared to its average volume of 10,334. LGL Group has a 12-month low of $5.10 and a 12-month high of $8.00.

An institutional investor recently raised its position in LGL Group stock. Minerva Advisors LLC grew its holdings in shares of LGL Group Inc (NYSEAMERICAN:LGL) by 26.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 92,447 shares of the industrial products company’s stock after buying an additional 19,487 shares during the period. Minerva Advisors LLC owned 1.97% of LGL Group worth $478,000 as of its most recent SEC filing.

Separately, TheStreet raised LGL Group from a “c” rating to a “b-” rating in a research note on Thursday, August 16th.

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LGL Group Company Profile

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of standard and custom-engineered electronic components in the United States and internationally. The company operates in two segments, Electronic Components and Electronic Instruments. The Electronic Components segment offers packaged quartz crystals, oscillator modules, electronic filters, and integrated modules that are used primarily to control the frequency or timing of signals in electronic circuits.

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Earnings History for LGL Group (NYSEAMERICAN:LGL)

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