Great Elm Group (NASDAQ:GEG) Trading Down 0.4% - Here's Why

Key Points

• Great Elm Group's stock price declined by 0.4%, trading as low as $2.41 before closing at $2.42, with trading volume increasing to 13,797 shares.
• The company has a market capitalization of $67.61 million and a debt-to-equity ratio of 0.95.
• Great Elm Group, Inc. operates in asset management, focusing on credit, real estate, finance, and investment management services.

Great Elm Group, Inc. (NASDAQ:GEG - )'s stock price traded down 0.4% on Thursday . The stock traded as low as $2.41 and last traded at $2.42. 13,797 shares were traded during trading, an increase of 56% from the average session volume of 8,853 shares. The stock had previously closed at $2.43.

Great Elm Group Price Performance

The company has a debt-to-equity ratio of 0.95, a quick ratio of 16.21 and a current ratio of 16.21. The firm has a market cap of $67.61 million, a price-to-earnings ratio of -34.57 and a beta of 0.74. The company's fifty day moving average is $2.14 and its two-hundred day moving average is $2.01.

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.

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