News stories about Great Elm Capital Group (NASDAQ:GEC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Great Elm Capital Group earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 46.5701739891525 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Great Elm Capital Group (GEC) opened at $4.05 on Friday. Great Elm Capital Group has a 12-month low of $2.95 and a 12-month 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 stock has a market capitalization of $102.99 and a price-to-earnings ratio of 1.26.
In related news, insider Adam M. Kleinman purchased 10,000 shares of Great Elm Capital Group stock in a transaction dated Tuesday, November 21st. The shares were acquired at an average cost of $3.75 per share, for a total transaction of $37,500.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Adam M. Kleinman purchased 30,000 shares of Great Elm Capital Group stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $3.65 per share, for a total transaction of $109,500.00. The disclosure for this purchase can be found here. Insiders bought a total of 338,685 shares of company stock worth $1,252,533 over the last 90 days. 6.60% of the stock is owned by corporate insiders.
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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