The LGL Group Inc (NYSEAMERICAN: LGL) stock closed at $5.47 on 12/4/23 after a major increase of 10.7%. Moreover, trading volume in this advance was exceptionally high at 493% of normal. The stock has risen 12.6% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LGL’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
LGL Group has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LGL Group has a poor Appreciation Score of 21 but a good Power Rating of 71, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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