Great Elm Group (NASDAQ:GEG) Issues Quarterly Earnings Results

Great Elm Group (NASDAQ:GEG) released its earnings results on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26), Zacks reports. The business had revenue of $3.99 million for the quarter. Great Elm Group had a negative return on equity of 1.63% and a negative net margin of 6.41%.

Great Elm Group Price Performance

GEG traded up $0.04 during trading on Tuesday, reaching $1.81. The company’s stock had a trading volume of 11,616 shares, compared to its average volume of 22,107. The company has a market cap of $57.69 million, a price-to-earnings ratio of -35.80 and a beta of 1.00. The firm has a fifty day simple moving average of $1.85 and a two-hundred day simple moving average of $1.82. Great Elm Group has a 1 year low of $1.71 and a 1 year high of $2.12. The company has a quick ratio of 15.26, a current ratio of 15.26 and a debt-to-equity ratio of 0.87.

About Great Elm Group

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.