Great Elm Capital Group (NASDAQ:GEC) Shares Cross Above 200-Day Moving Average of $0.00

Great Elm Capital Group Inc (NASDAQ:GEC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $4.15. Great Elm Capital Group shares last traded at $4.08, with a volume of 510 shares.

Separately, TheStreet raised Great Elm Capital Group from a “d+” rating to a “c-” rating in a report on Wednesday, May 29th.

The company has a debt-to-equity ratio of 1.40, a current ratio of 2.77 and a quick ratio of 2.65. The stock has a fifty day moving average price of $4.10.

Great Elm Capital Group (NASDAQ:GEC) last announced its quarterly earnings results on Friday, May 10th. The software maker reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $14.08 million during the quarter. Great Elm Capital Group had a negative return on equity of 13.20% and a negative net margin of 12.10%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vivaldi Asset Management LLC lifted its holdings in shares of Great Elm Capital Group by 126.4% in the 1st quarter. Vivaldi Asset Management LLC now owns 410,723 shares of the software maker’s stock valued at $1,746,000 after purchasing an additional 229,303 shares during the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in shares of Great Elm Capital Group by 858.3% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 161,000 shares of the software maker’s stock valued at $684,000 after purchasing an additional 144,200 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Great Elm Capital Group by 4.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 130,832 shares of the software maker’s stock valued at $442,000 after purchasing an additional 5,826 shares during the last quarter. 46.58% of the stock is owned by institutional investors.

Great Elm Capital Group Company Profile (NASDAQ:GEC)

Great Elm Capital Group, Inc, through its subsidiaries, engages in investment management and real estate property rental businesses. It provides investment advisory services. The company was formerly known as Unwired Planet, Inc and changed its name to Great Elm Capital Group, Inc in June 2016. Great Elm Capital Group, Inc was founded in 1994 and is headquartered in Waltham, Massachusetts.

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