Great Elm Group (NASDAQ:GEG) Trading Up 0.9% - Still a Buy?

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

Great Elm Group Stock Down 0.5%

The company has a debt-to-equity ratio of 0.89, a quick ratio of 30.34 and a current ratio of 30.34. The firm has a market capitalization of $61.19 million, a P/E ratio of -219,000.00 and a beta of 0.77. The stock has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $1.90.

Great Elm Group (NASDAQ:GEG - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported ($0.17) earnings per share 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 business had revenue of $3.21 million for 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.