Great Elm Group (NASDAQ:GEG) Releases Earnings Results, Misses Expectations By $0.30 EPS

Great Elm Group (NASDAQ:GEG) released its quarterly earnings data on Wednesday. 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 negative net margin of 6.90% and a negative return on equity of 1.77%.

Great Elm Group Price Performance

GEG stock traded up $0.01 on Wednesday, reaching $1.82. The company had a trading volume of 1,184 shares, compared to its average volume of 6,373. The company’s fifty day moving average is $1.81 and its 200 day moving average is $1.82. The company has a market cap of $54.13 million, a P/E ratio of -36.39 and a beta of 0.98. The company has a debt-to-equity ratio of 0.85, a quick ratio of 32.43 and a current ratio of 32.43. Great Elm Group has a 1 year low of $1.70 and a 1 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.