Great Elm Group (NASDAQ:GEG) Releases Quarterly Earnings Results, Misses Expectations By $0.26 EPS

Great Elm Group (NASDAQ:GEG) released its quarterly earnings results on Monday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26), Zacks reports. The business had revenue of $3.99 million during 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

Shares of NASDAQ:GEG traded up $0.04 during trading on Tuesday, reaching $1.81. The stock had a trading volume of 11,616 shares, compared to its average volume of 22,107. The business has a fifty day moving average price of $1.85 and a 200-day moving average price 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 debt-to-equity ratio of 0.87, a quick ratio of 15.26 and a current ratio of 15.26. The stock has a market cap of $57.69 million, a PE ratio of -36.20 and a beta of 1.00.

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.