Great Elm Group (NASDAQ:GEG) Earns Buy (B) Rating from Weiss Ratings

Great Elm Group (NASDAQ:GEG - Get Free Report)'s stock had its "buy (b)" rating reissued by investment analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.Get Great Elm Group alerts:Great Elm Group Trading Down 0.8%Shares of NASDAQ:GEG traded down $0.02 during mid-day trading on Friday, reaching $2.48. The stock had a trading volume of 4,287 shares, compared to its average volume of 106,322. The firm has a market cap of $82.71 million, a PE ratio of 7.75 and a beta of 0.77. The firm has a 50 day simple moving average of $2.59 and a two-hundred day simple moving average of $2.26. The company has a current ratio of 14.34, a quick ratio of 14.34 and a debt-to-equity ratio of 0.76. Great Elm Group has a twelve month low of $1.70 and a twelve month high of $3.51. Great Elm Group (NASDAQ:GEG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $5.61 million for the quarter. Great Elm Group had a net margin of 79.01% and a negative return on equity of 0.20%. Great Elm Group Company Profile (Get 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.Further ReadingFive stocks we like better than Great Elm GroupWhat is a Dividend King? How Royalty Pharma Prints Cash Without Biotech's Biggest RisksWhat is the Hang Seng index? Meta Platforms Stock Falls Despite Strong Growth—Here’s WhyRide Out The Recession With These Dividend Kings Comfort Systems Is the AI Data Center Stock Beating NVDA, AVGO, & AMDThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Great Elm Group Right Now?Before you consider Great Elm Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Great Elm Group wasn't on the list.While Great Elm Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here