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

Great Elm Group (NASDAQ:GEG) released its quarterly earnings results on Tuesday. 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 net margin of 0.71% and a return on equity of 0.19%.

Great Elm Group Stock Performance

Shares of GEG opened at $1.90 on Wednesday. Great Elm Group has a 1-year low of $1.70 and a 1-year high of $2.12. The company has a quick ratio of 32.43, a current ratio of 30.34 and a debt-to-equity ratio of 0.89. The firm’s 50-day moving average price is $1.81 and its 200-day moving average price is $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.