22 hours Ago By Defense World Staff
Renaissance Technologies LLC cut its holdings in Great Elm Group, Inc. (NASDAQ:GEG – Free Report) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 621,776 shares of the company’s stock after selling 5,500 shares during the period. Renaissance Technologies LLC owned 2.19% of Great Elm Group worth $1,125,000 at the end of the most recent reporting period.
Separately, Ballentine Partners LLC acquired a new position in shares of Great Elm Group in the 4th quarter valued at $72,000. Hedge funds and other institutional investors own 52.83% of the company’s stock.
Great Elm Group Stock Down 1.5 %Shares of GEG opened at $1.91 on Wednesday.
The company’s 50-day moving average price is $1.90 and its 200 day moving average price is $1.84.
Great Elm Group, Inc. has a 12-month low of $1.70 and a 12-month high of $2.
04. The company has a current ratio of 30.34, a quick ratio of 30.
34 and a debt-to-equity ratio of 0.89. The firm has a market cap of $54.
13 million, a P/E ratio of -191,000.00 and a beta of 0.75.
Great Elm Group (NASDAQ:GEG – Get Free Report) last released its quarterly earnings results on Tuesday, February 11th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.
34 by ($0.30). Great Elm Group had a net margin of 0.
71% and a return on equity of 0.19%. Great Elm Group Company Profile (Free Report)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.
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