Media headlines about Great Elm Capital Group (NASDAQ:GEC) have been trending positive on Tuesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Great Elm Capital Group earned a daily sentiment score of 0.41 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 44.7975624267724 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Great Elm Capital Group (NASDAQ:GEC) opened at $3.70 on Tuesday. Great Elm Capital Group has a 12 month low of $2.95 and a 12 month high of $4.60. The company has a quick ratio of 11.30, a current ratio of 11.30 and a debt-to-equity ratio of 0.07.
In other news, CEO Peter A. Reed bought 70,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was bought at an average cost of $3.64 per share, for a total transaction of $254,800.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam M. Kleinman bought 30,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was purchased at an average price of $3.65 per share, with a total value of $109,500.00. The disclosure for this purchase can be found here. 6.60% of the stock is owned by insiders.
Great Elm Capital Group Company Profile
Great Elm Capital Group, Inc, formerly Unwired Planet, Inc, is a holding company. The Company makes investments in businesses and assets in various industries. The Company’s investment for long-term value creation is in the asset management business. The Company continues to explore other opportunities in the investment management business, including other business development companies (BDCs) that trade at a discount to their net asset value.
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