Great Elm Group (GEG) Set to Announce Earnings on Wednesday

Great Elm Group (NASDAQ:GEG) is set to release its earnings data after the market closes on Wednesday, September 20th.

Great Elm Group Trading Down 0.5 %

NASDAQ:GEG opened at $2.19 on Tuesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 22.07 and a quick ratio of 22.07. Great Elm Group has a one year low of $1.85 and a one year high of $2.49. The company has a market cap of $67.10 million, a PE ratio of -2.70 and a beta of 0.99. The firm has a 50-day moving average of $2.05 and a 200-day moving average of $2.09.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of GEG. Charles Schwab Investment Management Inc. purchased a new stake in Great Elm Group in the 4th quarter valued at about $49,000. Royal Bank of Canada lifted its holdings in Great Elm Group by 41.9% during the first quarter. Royal Bank of Canada now owns 67,678 shares of the company’s stock worth $122,000 after acquiring an additional 20,000 shares during the period. Clayton Partners LLC boosted its position in Great Elm Group by 172.9% in the first quarter. Clayton Partners LLC now owns 144,649 shares of the company’s stock worth $328,000 after purchasing an additional 91,649 shares during the last quarter. Renaissance Technologies LLC grew its stake in Great Elm Group by 2.8% in the 1st quarter. Renaissance Technologies LLC now owns 715,800 shares of the company’s stock valued at $1,625,000 after purchasing an additional 19,824 shares during the period. Finally, Northern Right Capital Management L.P. increased its position in shares of Great Elm Group by 9.0% during the 3rd quarter. Northern Right Capital Management L.P. now owns 3,480,305 shares of the company’s stock valued at $6,961,000 after purchasing an additional 286,270 shares during the last quarter. Hedge funds and other institutional investors own 62.34% of the company’s stock.

Great Elm Group Company Profile

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.