Great Elm Capital Group (GEC) Receiving Somewhat Favorable Media Coverage, Report Finds
Media headlines about Great Elm Capital Group (NASDAQ:GEC) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Elm Capital Group earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 46.2217380770162 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Great Elm Capital Group (NASDAQ GEC) opened at $3.73 on Tuesday. Great Elm Capital Group has a 1 year low of $2.95 and a 1 year high of $4.40. The company has a debt-to-equity ratio of 0.07, a current ratio of 11.30 and a quick ratio of 11.30. The company has a market capitalization of $96.64 and a price-to-earnings ratio of 1.16.
In related news, CEO Peter A. Reed bought 70,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $3.64 per share, with a total value of $254,800.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam M. Kleinman bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was bought at an average cost of $3.75 per share, with a total value of $37,500.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 338,685 shares of company stock valued at $1,252,533. 6.60% of the stock is owned by company insiders.
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About Great Elm Capital Group
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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