Alert: Positive Investment/Fundamental Signals (12/19/23)-The LGL Group Inc (NYSEAMERICAN: LGL)


Recent exceptional positive changes in investment behavior have benefitted The LGL Group Inc (NYSEAMERICAN: LGL): the stock rose on very heavy volume, and positive upside/downside volume developed.

Important positive changes in The LGL Group Inc (NYSEAMERICAN: LGL) fundamentals have recently occurred: 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

LGL is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

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 21 but a good Power Rating of 71, leading to the Low Neutral Value Trend Rating.

Recent Price Action

The LGL Group Inc (NYSEAMERICAN: LGL) stock closed at $5.40 on 12/19/23 after a very large increase of 7.6%. Moreover, trading volume in this advance was exceptionally high at 709% of normal. The stock has risen 2.5% during the last week and has been strong relative to the market over the last nine months.

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