Great Elm Group (NASDAQ:GEG) Earns Buy (B) Rating from Weiss Ratings
Weiss Ratings has reaffirmed a "buy (b)" rating for Great Elm Group (NASDAQ:GEG) in a recent report. The stock is currently trading at $2.48, down 0.8%, with a market cap of $82.71 million. Great Elm reported $0.02 earnings per share and $5.61 million in revenue for the last quarter. The company operates in asset management, focusing on credit, real estate, and finance. Despite the buy rating, some analysts suggest there are better investment options available.
Great Elm Group (NASDAQ:GEG - Get Free Report)'s stock had its "buy (b)" rating reissued by investment analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.
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Great Elm Group Trading Down 0.8%
Shares of NASDAQ:GEG traded down $0.02 during mid-day trading on Friday, reaching $2.48. The stock had a trading volume of 4,287 shares, compared to its average volume of 106,322. The firm has a market cap of $82.71 million, a PE ratio of 7.75 and a beta of 0.77. The firm has a 50 day simple moving average of $2.59 and a two-hundred day simple moving average of $2.26. The company has a current ratio of 14.34, a quick ratio of 14.34 and a debt-to-equity ratio of 0.76. Great Elm Group has a twelve month low of $1.70 and a twelve month high of $3.51.
Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $5.61 million for the quarter. Great Elm Group had a net margin of 79.01% and a negative return on equity of 0.20%.
Great Elm Group Company Profile
(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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