Great Elm Group (GEG) to Release Quarterly Earnings on Monday

Great Elm Group (NASDAQ:GEGGet Rating) is scheduled to release its earnings data after the market closes on Monday, September 12th. Parties interested in participating in the company’s conference call can do so using this link.

Great Elm Group Stock Performance

NASDAQ:GEG opened at $2.05 on Friday. Great Elm Group has a 12 month low of $1.40 and a 12 month high of $2.63. The company has a debt-to-equity ratio of 0.82, a current ratio of 3.73 and a quick ratio of 3.68. The firm has a market capitalization of $56.31 million, a PE ratio of -4.77 and a beta of 1.12. The business’s 50-day moving average is $2.07 and its two-hundred day moving average is $2.01.

Insider Transactions at Great Elm Group

In related news, major shareholder Northern Right Capital Managem acquired 75,000 shares of the stock in a transaction that occurred on Tuesday, June 14th. The shares were purchased at an average cost of $2.42 per share, with a total value of $181,500.00. Following the completion of the transaction, the insider now owns 3,167,651 shares of the company’s stock, valued at approximately $7,665,715.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Jason W. Reese acquired 26,150 shares of the stock in a transaction on Monday, August 15th. The stock was purchased at an average price of $2.02 per share, for a total transaction of $52,823.00. Following the transaction, the director now owns 4,775,932 shares of the company’s stock, valued at approximately $9,647,382.64. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Northern Right Capital Managem purchased 75,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 14th. The shares were acquired at an average cost of $2.42 per share, with a total value of $181,500.00. Following the completion of the purchase, the insider now owns 3,167,651 shares of the company’s stock, valued at $7,665,715.42. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 336,335 shares of company stock valued at $738,292. Corporate insiders own 38.70% of the company’s stock.

Hedge Funds Weigh In On Great Elm Group

An institutional investor recently raised its position in Great Elm Group stock. Royal Bank of Canada increased its position in shares of Great Elm Group, Inc. (NASDAQ:GEGGet Rating) by 41.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,678 shares of the company’s stock after purchasing an additional 20,000 shares during the quarter. Royal Bank of Canada owned 0.25% of Great Elm Group worth $122,000 at the end of the most recent reporting period. 77.84% of the stock is currently owned by institutional investors.

Great Elm Group Company Profile

(Get Rating)

Great Elm Group, Inc engages in the durable medical equipment and investment management businesses. The company distributes respiratory care equipment, including positive air pressure equipment and supplies, ventilators and oxygen equipment, and replacement parts, as well as provides sleep study services; and rents medical equipment.

See Also

Earnings History for Great Elm Group (NASDAQ:GEG)

Receive News & Ratings for Great Elm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Elm Group and related companies with MarketBeat.com's FREE daily email newsletter.