Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report)'s share price traded up 2.8% during trading on Thursday . The stock traded as high as $1.85 and last traded at $1.85. 14,867 shares traded hands during trading, a decline of 49% from the average session volume of 29,027 shares. The stock had previously closed at $1.80.
Great Elm Group Trading Up 2.7 %
The business's 50 day moving average price is $1.80 and its two-hundred day moving average price is $1.81. The company has a debt-to-equity ratio of 0.85, a quick ratio of 32.43 and a current ratio of 32.43. The company has a market capitalization of $56.51 million, a price-to-earnings ratio of -37.99 and a beta of 1.00.
Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its earnings results on Monday, November 11th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.26). Great Elm Group had a negative net margin of 6.90% and a negative return on equity of 1.77%. The company had revenue of $3.99 million for the quarter.
Institutional Investors Weigh In On Great Elm Group
A hedge fund recently raised its stake in Great Elm Group stock. Clayton Partners LLC increased its holdings in shares of Great Elm Group, Inc. (NASDAQ:GEG - Free Report) by 32.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 476,929 shares of the company's stock after buying an additional 116,685 shares during the period. Clayton Partners LLC owned 1.50% of Great Elm Group worth $858,000 at the end of the most recent quarter. Institutional investors own 52.83% of the company's stock.
About Great Elm Group
(
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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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