News headlines about Great Elm Capital Group (NASDAQ:GEC) have been trending positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Great Elm Capital Group earned a media sentiment score of 0.47 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 44.7103664141567 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Great Elm Capital Group (GEC) opened at $4.35 on Tuesday. The company has a quick ratio of 11.30, a current ratio of 11.30 and a debt-to-equity ratio of 0.07. Great Elm Capital Group has a 52-week low of $2.95 and a 52-week high of $4.55.
In other news, CEO Peter A. Reed bought 48,357 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were bought at an average cost of $3.65 per share, with a total value of $176,503.05. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Peter A. Reed bought 70,000 shares of the company’s stock in a transaction on Friday, November 10th. The stock was purchased at an average cost of $3.64 per share, for a total transaction of $254,800.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 338,685 shares of company stock worth $1,252,533. Insiders own 6.60% of the company’s stock.
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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