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

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

Great Elm Group Stock Performance

Shares of GEG stock opened at $1.90 on Wednesday. Great Elm Group has a fifty-two week low of $1.70 and a fifty-two week high of $2.12. The company has a current ratio of 30.34, a quick ratio of 32.43 and a debt-to-equity ratio of 0.89. The stock has a 50 day moving average price of $1.81 and a two-hundred day moving average price of $1.82.

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.