Alert: Positive Investment/Fundamental Signals (11/22/23)-The LGL Group Inc (NYSEAMERICAN: LGL)


The LGL Group Inc (NYSEAMERICAN: LGL). Extremely significant positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

The LGL Group Inc (NYSEAMERICAN: LGL) has benefited from important positive changes in fundamentals: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, LGL is expected to continue to be a modest Value Eraser.

LGL Group has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. LGL Group has a poor Appreciation Score of 22 but a good Power Rating of 70, with the Low Neutral Value Trend Rating the result.

Recent Price Action

The LGL Group Inc (NYSEAMERICAN: LGL) stock rose modestly by 0.9% on 11/22/23. The stock closed at $4.88. The stock has been strong relative to the market over the last nine months and has risen 8.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.