Great Elm Capital Group (GEC) Issues Earnings Results

Great Elm Capital Group (NASDAQ:GEC) released its earnings results on Friday. The software maker reported $0.02 earnings per share (EPS) for the quarter, Morningstar.com reports. The business had revenue of $14.08 million during the quarter.

GEC traded down $0.05 during midday trading on Friday, reaching $4.15. The company’s stock had a trading volume of 4,925 shares, compared to its average volume of 24,538. The company has a quick ratio of 2.14, a current ratio of 2.22 and a debt-to-equity ratio of 1.51. Great Elm Capital Group has a twelve month low of $2.88 and a twelve month high of $4.75.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GEC. Dimensional Fund Advisors LP grew its holdings in shares of Great Elm Capital Group by 32.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 125,006 shares of the software maker’s stock worth $406,000 after purchasing an additional 30,948 shares in the last quarter. Monarch Partners Asset Management LLC grew its holdings in shares of Great Elm Capital Group by 9.1% during the 4th quarter. Monarch Partners Asset Management LLC now owns 246,035 shares of the software maker’s stock worth $832,000 after purchasing an additional 20,515 shares in the last quarter. Royce & Associates LP grew its holdings in shares of Great Elm Capital Group by 3.3% during the 4th quarter. Royce & Associates LP now owns 682,245 shares of the software maker’s stock worth $2,306,000 after purchasing an additional 21,500 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Great Elm Capital Group by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 887,439 shares of the software maker’s stock worth $2,884,000 after purchasing an additional 42,584 shares in the last quarter. Finally, Vanguard Group Inc grew its holdings in shares of Great Elm Capital Group by 5.0% during the 3rd quarter. Vanguard Group Inc now owns 887,439 shares of the software maker’s stock worth $2,884,000 after purchasing an additional 42,584 shares in the last quarter. 44.31% of the stock is currently owned by hedge funds and other institutional investors.



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Great Elm Capital Group Company Profile

Great Elm Capital Group, Inc, through its subsidiaries, engages in investment management and real estate property rental businesses. It provides investment advisory services. The company was formerly known as Unwired Planet, Inc and changed its name to Great Elm Capital Group, Inc in June 2016. Great Elm Capital Group, Inc was founded in 1994 and is headquartered in Waltham, Massachusetts.

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Earnings History for Great Elm Capital Group (NASDAQ:GEC)

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