Great Elm Group (NASDAQ:GEG) Trading Down 0.2% - Time to Sell?

Key Points

• Great Elm Group's stock price fell by 0.2%, trading at $2.12 with a significant decline in trading volume of about 60% compared to its average.
• The company reported a loss of $0.17 EPS for the last quarter, missing analyst expectations by $0.50 and generating revenue of $3.21 million.
• Great Elm Group has a market capitalization of $59.09 million and a notable debt-to-equity ratio of 0.95, indicating financial leverage.

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report) shares were down 0.2% during trading on Wednesday . The stock traded as low as $2.12 and last traded at $2.12. Approximately 1,972 shares were traded during trading, a decline of 60% from the average daily volume of 4,900 shares. The stock had previously closed at $2.12.

Great Elm Group Stock Performance

The company has a current ratio of 16.21, a quick ratio of 16.21 and a debt-to-equity ratio of 0.95. The company has a market cap of $60.21 million, a P/E ratio of -30.79 and a beta of 0.76. The company has a 50 day moving average price of $2.13 and a 200-day moving average price of $1.97.

Great Elm Group (NASDAQ:GEG - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.50). The business had revenue of $3.21 million for the quarter. Great Elm Group had a negative return on equity of 1.82% and a negative net margin of 6.42%.

About Great Elm Group

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.