News headlines about Great Elm Capital Group (NASDAQ:GEC) have trended positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Elm Capital Group earned a coverage optimism score of 0.43 on Accern’s scale. Accern also gave news coverage about the software maker an impact score of 45.0646226334249 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Great Elm Capital Group (NASDAQ:GEC) opened at $4.00 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 11.30 and a quick ratio of 11.30. Great Elm Capital Group has a 1 year low of $2.95 and a 1 year high of $4.40.
In related news, CEO Peter A. Reed acquired 160,328 shares of the stock in a transaction on Tuesday, November 21st. The stock was purchased at an average price of $3.75 per share, for a total transaction of $601,230.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Peter A. Reed acquired 70,000 shares of the stock in a transaction on Friday, November 10th. The stock was bought at an average price of $3.64 per share, with a total value of $254,800.00. The disclosure for this purchase can be found here. Insiders acquired a total of 338,685 shares of company stock valued at $1,252,533 in the last 90 days. Corporate insiders own 6.60% of the company’s stock.
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Great Elm Capital Group Company Profile
Great Elm Capital Group, Inc, formerly Unwired Planet, Inc, is a holding company. The Company makes investments in businesses and assets in various industries. The Company’s investment for long-term value creation is in the asset management business. The Company continues to explore other opportunities in the investment management business, including other business development companies (BDCs) that trade at a discount to their net asset value.
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