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Weiss Ratings Reiterates Buy (B-) Rating for Great Elm Group (NASDAQ:GEG)

Great Elm Group logo with Multi-Sector Conglomerates background

Key Points

  • Weiss Ratings has reiterated a "buy (B-)" rating for Great Elm Group, signaling confidence in the stock's potential.
  • Great Elm Group shares rose 2.5% recently, with current trading around $2.46 and market capitalization at $71.34 million.
  • The company reported earnings of $0.02 per share and revenue of $5.61 million for the most recent quarter.
  • Five stocks we like better than Great Elm Group.

Great Elm Group (NASDAQ:GEG - Get Free Report)'s stock had its "buy (b-)" rating reiterated by stock analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Great Elm Group Stock Up 2.5%

Shares of NASDAQ:GEG opened at $2.46 on Wednesday. The company has a market capitalization of $71.34 million, a price-to-earnings ratio of 7.69 and a beta of 0.77. The company has a debt-to-equity ratio of 0.76, a current ratio of 14.34 and a quick ratio of 14.34. The business's 50-day moving average is $2.50 and its 200-day moving average is $2.19. Great Elm Group has a 1 year low of $1.70 and a 1 year high of $3.51.

Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $5.61 million for the quarter. Great Elm Group had a negative return on equity of 0.20% and a net margin of 79.01%.

About Great Elm Group

(Get Free Report)

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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