Wells Fargo & Company MN increased its stake in Great Elm Capital Group Inc (NASDAQ:GEC) by 49.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,957 shares of the software maker’s stock after purchasing an additional 8,887 shares during the period. Wells Fargo & Company MN’s holdings in Great Elm Capital Group were worth $50,000 as of its most recent filing with the SEC.
Separately, TheStreet cut Great Elm Capital Group from a “c-” rating to a “d” rating in a research report on Thursday, May 28th.
Great Elm Capital Group stock opened at $2.60 on Friday. Great Elm Capital Group Inc has a 12-month low of $1.31 and a 12-month high of $4.33. The company has a current ratio of 2.00, a quick ratio of 1.94 and a debt-to-equity ratio of 1.67. The business’s 50-day moving average price is $2.45 and its two-hundred day moving average price is $2.41.
About Great Elm Capital Group
Great Elm Capital Group, Inc, through its subsidiaries, engages in investment management and real estate property rental businesses. It provides investment advisory services. The company was formerly known as Unwired Planet, Inc and changed its name to Great Elm Capital Group, Inc in June 2016. Great Elm Capital Group, Inc was founded in 1994 and is headquartered in Waltham, Massachusetts.
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