Great Elm Capital Group, Inc. (GEC) Stock: Here’s Why It’s Falling

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Great Elm Capital Group, Inc. (GEC) is working its way for to the top in the market today. The stock, focused on the tech sector, is presently priced at $3.66 after heading down -3.62% so far in today’s session. As it relates to technology companies, there are a number of aspects that have the potential to generate price movement in the market. News is one of the most common reasons for movement. Here are the recent stories relating to GEC:

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May-10-19 08:03AM Great Elm: Fiscal 3Q Earnings Snapshot
06:00AM Great Elm Capital Group, Inc. Reports Third Quarter 2019 Financial Results
May-03-19 06:00AM Great Elm Capital Group, Inc. Schedules Third Quarter 2019 Earnings Release and Conference Call
Apr-24-19 03:26PM The Great Elm Capital Group (NASDAQ:GEC) Share Price Has Gained 14% And Shareholders Are Hoping For More
Feb-13-19 09:33AM What Type Of Shareholder Owns Great Elm Capital Group, Inc.s (NASDAQ:GEC)?

However, any time investors are making a decision to invest, investors should look into much more than news, especially in the ever evolving tech industry. Here’s what’s happening with Great Elm Capital Group, Inc..

What We’ve Seen From GEC

Although a move down in a single session, like the move that we’re seeing from Great Elm Capital Group, Inc. might make some investors fearful, a single session fall by itself should not be the reason for a decision to, or not to, invest in a stock. It is always a good idea to take a look at trends experienced by the stock just a single trading day. In the case of GEC, here are the returns that investors have seen:

  • Past 7 Days – Throughout the past seven days, GEC has seen a change in value that amounts to 4.33%.
  • Past Month – The monthly performance from Great Elm Capital Group, Inc. comes to -8.49%.
  • Past 3 Months – In the past quarter, the stock has generated a ROI of 4.33%
  • Past Six Months – Throughout the previous 6 months, we have seen a performance that equates to 3.76% from the company.
  • Year To Date – Since the close of last year GEC has generated a return of 12.35%.
  • Full Year – Lastly, over the past year, we’ve seen performance of 1.27% out of GEC. In this period of time, the stock has traded at a high of -22.95% and a low price of 27.30%.

Ratios Of Note

Looking at a few ratios associated with a stock generally gives prospective investors a view of how dangerous and/or rewarding a stock pick may be. Below are a few of the key ratios to think about when looking at GEC.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it shows that more investors are expecting that the price of the stock is headed for declines. Throughout the sector, strong tech stocks tend to carry a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the space. Nonetheless, with regard to Great Elm Capital Group, Inc., the stock’s short ratio amounts to 0.85.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure If a company is able to pay its debts when they mature using current assets or quick assets. In the technology space, many companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can be damning. However, some good picks in the technology space do have positive quick and current ratios. As it relates to GEC, the quick and current ratios work out to 2.70 and 2.80 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets that are owned by the company. when it comes to Great Elm Capital Group, Inc., the book to share value ratio comes in at 2.44.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value works out to 1.22.

Big Money And Great Elm Capital Group, Inc.

An interesting fact that I have learned so far in my short period alive, or somewhat alive has been that good investors tend to follow the moves made by big money investors. That is to say, investors that want to keep the risk down will watch trades made by institutional investors as well as those on the inside. So, is big money flowing as it relates to GEC? Here’s the data:

  • Institutions – Currently, institutions own 45.30% of Great Elm Capital Group, Inc.. Nonetheless, it’s important to mention that the ownership held by institutions has seen a move of 3.51% throughout the last quarter.
  • Insider Holdings – As far as insiders go, members of the management team and others close to GEC currently hold 3.20% of the company. Their ownership of the company has seen a move of 0 in the past quarter.

What Analysts Say About Great Elm Capital Group, Inc.

While it’s not a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their thoughts in order to validate your own opinions when it comes to making an investment decision in the tech industry. Below are the recent moves that we’ve seen from analysts when it comes to GEC.

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Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $1.10. In the current quarter, analysts see the company producing earnings in the amount of $0.28. Over the last 5 years, GEC has generated revenue in the amount of $117.80% with earnings coming in at 38.80%. On a quarter over quarter basis, earnings have seen movement of 108.30% and revenue has seen movement of 0.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 24.92M shares of Great Elm Capital Group, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, GEC has a float of 22.78M.

It’s also important to dig into the short float. After all, if a large portion of the float is shorted, the overall opinion in the market is that the company is going to lose value. As far as it relates to GEC, the percentage of the float that is shorted is 0.12%. Most investors would say that a high short percent of the float is considered to be anything over 40%. Through my work, I have calculated that a short ratio over 26% is likely a risky play.

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