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

Great Elm Group (NASDAQ:GEG) posted its quarterly earnings data on Wednesday. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates 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

Shares of GEG traded up $0.01 during midday trading on Wednesday, reaching $1.82. The stock had a trading volume of 1,184 shares, compared to its average volume of 6,373. The company has a debt-to-equity ratio of 0.85, a current ratio of 32.43 and a quick ratio of 32.43. The company has a market capitalization of $54.13 million, a P/E ratio of -36.39 and a beta of 0.98. 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 52 week low of $1.70 and a 52 week high of $2.12.

About Great Elm Group

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.