Great Elm Group, Inc. (NASDAQ:GEG – Get Rating) Director Matthew A. Drapkin acquired 50,000 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The stock was bought at an average cost of $1.97 per share, for a total transaction of $98,500.00. Following the completion of the purchase, the director now owns 1,857,483 shares of the company’s stock, valued at $3,659,241.51. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Great Elm Group Price Performance
Shares of GEG opened at $2.06 on Tuesday. Great Elm Group, Inc. has a 52-week low of $1.82 and a 52-week high of $2.55. The company has a debt-to-equity ratio of 0.91, a quick ratio of 22.07 and a current ratio of 22.07. The business’s 50 day moving average price is $2.11 and its two-hundred day moving average price is $2.12. The firm has a market cap of $63.12 million, a PE ratio of -2.54 and a beta of 0.99.
Wall Street Analysts Forecast Growth
Separately, TheStreet raised Great Elm Group from a “d” rating to a “c-” rating in a research note on Tuesday, February 14th.
Hedge Funds Weigh In On Great Elm Group
Great Elm Group Company Profile
Great Elm Group, Inc operates as a holding company. It engages in the provision of investment management and real estate management services. It operates through Durable Medical Equipment and Investment Management segments. The Durable Medical Equipment segment includes selling, replacement parts, and supplies to customers.
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