LGL Group (NYSEAMERICAN:LGL) Shares Pass Above 50-Day Moving Average of $0.00

LGL Group Inc (NYSEAMERICAN:LGL) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.00 and traded as high as $8.47. LGL Group shares last traded at $8.40, with a volume of 4,594 shares.

LGL Group (NYSEAMERICAN:LGL) last issued its quarterly earnings results on Wednesday, May 8th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter. The firm had revenue of $6.63 million for the quarter.

In other news, CEO Michael J. Ferrantino sold 10,100 shares of the business’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $9.12, for a total transaction of $92,112.00. Following the transaction, the chief executive officer now directly owns 83,188 shares in the company, valued at $758,674.56. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

About LGL Group (NYSEAMERICAN:LGL)

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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