Great Elm Group (NASDAQ:GEG) Announces Earnings Results

Great Elm Group (NASDAQ:GEG) announced its earnings results on Tuesday. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.30), Zacks reports. Great Elm Group had a return on equity of 0.19% and a net margin of 0.71%.

Great Elm Group Price Performance

Shares of GEG stock opened at $1.91 on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 32.43 and a current ratio of 30.34. The firm’s 50 day moving average price is $1.81 and its 200-day moving average price is $1.82. Great Elm Group has a one year low of $1.70 and a one year high of $2.12.

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.