Shares of Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) dropped 1.1% during trading on Wednesday . The company traded as low as $1.85 and last traded at $1.87. Approximately 13,271 shares were traded during trading, a decline of 22% from the average daily volume of 17,013 shares. The stock had previously closed at $1.89.
Great Elm Group Stock Up 1.6 %
The company has a quick ratio of 30.34, a current ratio of 30.34 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $53.57 million, a PE ratio of -189,000.00 and a beta of 0.98. The business's 50 day simple moving average is $1.84 and its 200 day simple moving average is $1.83.
Great Elm Group (NASDAQ:GEG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.30). Great Elm Group had a return on equity of 0.19% and a net margin of 0.71%.
Institutional Trading of Great Elm Group
An institutional investor recently bought a new position in Great Elm Group stock. Ballentine Partners LLC acquired a new stake in shares of Great Elm Group, Inc. (NASDAQ:GEG - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 40,000 shares of the company's stock, valued at approximately $72,000. Ballentine Partners LLC owned approximately 0.13% of Great Elm Group as of its most recent filing with the Securities & Exchange Commission. 52.83% of the stock is currently owned by hedge funds and other institutional investors.
Great Elm Group Company Profile
(
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Great Elm Group, Inc operates as a asset management company. The company engages in credit, real estate, and finance businesses. It is also involved in business development related activities and offers investment management services. The company was formerly known as Great Elm Capital Group, Inc and changed its name to Great Elm Group, Inc in December 2020.
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