Great Elm Group (NASDAQ:GEG) Shares Up 0.9% - Here's What Happened

Great Elm Group, Inc. (NASDAQ:GEG - Get Free Report)'s stock price traded up 0.9% during trading on Thursday . The stock traded as high as $2.20 and last traded at $2.20. 3,301 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 26,732 shares. The stock had previously closed at $2.18.

Great Elm Group Stock Performance

The company's fifty day simple moving average is $2.00 and its 200 day simple moving average is $1.90. The company has a current ratio of 30.34, a quick ratio of 30.34 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $61.47 million, a P/E ratio of -220,000.00 and a beta of 0.77.

Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly 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). Great Elm Group had a net margin of 0.71% and a return on equity of 0.19%. The firm had revenue of $3.21 million during the quarter.

Great Elm Group Company Profile

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.