As volatility creeps into Great Elm Capital Group, Inc. (NASDAQ:GEC), investors need to pay close attention to to the factors affecting stock today as its shares are trading 3.58% or 0.13 points down from last closing price of $3.63, reaching $3.5 at last check. The GEC share price is losing for the fifth day in a row and has dropped in 3 of the last 5 days and is down -3.59% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 468,653 shares, and in total 518353 shares valued at $1.814 million were seen changing hands compared with 49700 shares valued at $180411 recorded at the previous session. You should take into consideration that a greater volume on lower prices causes the situation where nobody wants to continue with their long position and wants to exit from the GEC stock.
Great Elm Capital Group, Inc. (GEC) shares have notched a 3-month decline of about -3.59%, but has still advanced 7.4% year to date. By comparison, the stock sank -3.84% over the past 12 months, while it slipped -11.89% over the 1 month. The company’s market cap is around $90.46M, with its short interest ratio standing at 0.64%.
In the current trading session for GEC, the stock witnessed two major price actions, it rose to a high of $3.7395 and was down as much as $3.49 at one point. The high recorded is very low when compared to their 52-week high which is $2.88. The 52-week high is now at -26.32 distance from current price. Their recent low of $4.75 represents a 21.74% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for GEC is $12, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Great Elm Capital Group, Inc. earned $-0.34 per share in the trailing 12 months and has a P/E ratio of -10.29. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 22.37 and lower compared to the sector’s average of 13.27. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. GEC also has P/S multiple of 2.28. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 363.06x.
The company recorded an interesting insider purchase transaction by the Director on Mar 12, 2019. A Securities and Exchanges Commission filings show that James P Parmelee bought a total of 4,000 GEC shares that day for a sum of around $15,000. Great Elm Capital Group, Inc. (GEC) insiders have acquired no shares in the stock within the past three months. In total, individual insiders traded no shares in the business, which makes up 0% of 262,935 shares that were traded over a year. In the past 12 months, insiders have purchased 262,935 shares while the seller parted with shares.
GEC‘s last price was down -2.56% as compared to the average trading price of 50 days recorded at $3.59 while enlarging the period to 200 trading days, the average closing price was $4.08. At present, there are 24.92 million in the total number of common shares owned by the public and among those 22.78 million shares have been available to trade. The percentage of shares being held by the company management was 3.2% while institutions stake was 45.3%. The company has generated negative returns on equity over the last 12 months (-7.6%). It managed to keep its gross profit margin at 54.3% over the past 12 months.
When assessing the full upside of the GEC stock, there is another set of technicals that should be looked into and considered. Its -5.95% decline from moving average of $3.72 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 0.48 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.
In the last five years, the EPS of the company has been roughly 38.8%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 20%. The revenue of the company has risen at an average annualized rate of about 117.8 over the last five years. The company recently recorded a drop of 0%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards GEC stock. Charles Schwab Investment Management Inc. added position in the company after it grew 50% or 7,861 shares of its common stock. The hedge fund now owns 11,791 shares worth $41,269, SEC documents show. Renaissance Technologies LLC cut assets in the stock as 830983.6 shares have been sold, reducing its stake by -2.5% to 810,209 shares which are currently valued at $2,835,732. In addition, Punch & Associates Investment Management Inc. recently reported that it now owns 161,000 shares making a total of $563,500 based on the recent price. This refelects a change of 47.2% in their ownership.