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How to Buy Great Elm Group Stock

Great Elm Group Inc

Great Elm Group, Inc. engages in the durable medical equipment and investment management businesses.

Great Elm Group stock last closed at $1.92, down 0.52% from the previous day, and has decreased 13.51% in one year. It has underperformed other stocks in the Asset Management industry by 0.39 percentage points. Great Elm Group stock is currently +20.75% from its 52-week low of $1.59, and -16.52% from its 52-week high of $2.30.

As of Mar 28, 2024, there are 31.63M shares of GEG outstanding. The market cap of GEG is $60.73M. In the last 24 hours, 2636 GEG shares were traded.

How to Buy Great Elm Group Stock

Not sure how to invest in Great Elm Group stock? Here's how.
  1. Decide where to buy Great Elm Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Great Elm Group stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your payment method and add your info.
  4. Evaluate Great Elm Group stock: The Great Elm Group ticker symbol is GEG. Is Great Elm Group stock a good investment? Should you buy shares of GEG? How do GEG's underlying business fundamentals look? Do top analysts think Great Elm Group is a good buy? Why has GEG's stock price moved recently? (Hint: Our stock market research tools can help you figure out if GEG is a good stock to buy).
  5. Execute your GEG trade: Decide if you will purchase GEG shares at the current market price or use a limit order to purchase GEG stock at a given price.
  6. Keep an eye on your GEG position: Create a watchlist to track your position in Great Elm Group shares.

Step 1: Decide where to buy Great Elm Group stock

You will need an online brokerage account to access the NASDAQ market and buy GEG shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal info so you can invest in GEG stock today.

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  2. Enter your personal info to create your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've finished signing up on the best stock market app, you need to deposit funds:

Watch the walkthrough below to see the process of transferring funds into your brokerage account.

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Step 4: Evaluate Great Elm Group stock

After you have selected the best place to buy Great Elm Group stock, it's very important to research their stock before you buy, so you can understand the risk and upside.

Great Elm Group shares quick numbers

GEG Price
$1.92
1w %
0.52%
1y %
-13.51%
5y %
-54.61%
P/E
6.86x
P/B
0.9x
P/S
5.19x
PEG
N/A
Revenue
$11.05M
Earnings
$8.92M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$60.73M
Next Earnings
May 3, 2024
Next Dividend
N/A

Fundamentals of GEG

WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.

You can see all of the due diligence checks on GEG's stock page.

How is GEG stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge GEG's true value.

Using relative valuations methods:

  • GEG may be undervalued based on its P/E ratio of 6.86x, relative to Asset Management industry P/E ratio of 32.13x
  • GEG could be undervalued based on its P/B ratio of 0.9x, relative to Asset Management industry P/B ratio of 2.46x

You can do additional valuation analysis on GEG's stock here.

GEG Financial Health Summary

Passed Financial Due Diligence Checks:

  • GEG has $122.81M in cash and short term investments. This is enough to cover its annual cash burn of $23.65M.
  • There are more short-term assets than long-term liabilities on the GEG balance sheet.
  • Total GEG debt is lower than 5 years ago, relative to shareholder equity.
  • GEG has cash burn of 23649000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the GEG balance sheet.

Failed Financial Due Diligence Checks:

  • GEG has a relatively high debt to equity ratio of 1.06.
  • GEG profit margin has gone down from 172.5% to 80.7% in the past year.

GEG Technical Indicators

SMA10
1.95
SMA20
1.95
SMA50
1.93
SMA100
1.93
SMA200
1.98
MACD
0
MACD Signal
0
MACD Histogram
-0.01
RSI
48.29
Stochastic %K
14.49
Stochastic %D
11.68
StochRSI %K
10.41
StochRSI %D
8.67

GEG Growth Metrics

Last year, GEG earnings were $8.92M. Over the last one years, GEG's earnings have gone up by -15.15% per year. This was slower than the Asset Management industry average of 6.92%.

Last year, GEG revenue was $11.05M. During the past five year, GEG's revenue has gone up by -14.12% per year. This was slower than the Asset Management industry average of 20.13%.

Dive into GEG's earnings and revenue performance here.

Are GEG executives and large shareholders buying or selling the stock?

Over the last 12 months, insiders at GEG have bought more shares than they have sold.

Jason W. Reese, Mr. Reese is the Chairman and Chief Executive Officer of the Issuer. of GEG, was the latest GEG insider to buy. They bought $15,686.00 worth of GEG shares on Mar 15, 2024.

Dig into more about who owns GEG stock here.

Can I rely on GEG as an income stream?

No, Great Elm Group doesn't provide an income stream by paying out dividends.

What do other traders have to say about GEG?

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your GEG trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

Click the Open Trade button and eToro will execute the order.

If you require more info about buying stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your GEG position

Now that you own some GEG shares, you'll want to keep up with your new shares.

Put GEG on a watchlist to keep track of your GEG stock.

GEG Feed

How to Buy Stock in Great Elm Group

To reiterate, here are the 6 steps for buying Great Elm Group stock:

  1. Decide where to buy Great Elm Group stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Great Elm Group stock
  5. Execute your GEG trade
  6. Keep an eye on your GEG position

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Great Elm Group, click the button below.

NASDAQ: GEG
$1.92-0.01 (-0.52%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: GEG
$1.92-0.01 (-0.52%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Great Elm Group share?

As of Mar 28, 2024, it costs $1.92 to buy one share of Great Elm Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.96, you can buy 0.5 shares of GEG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Great Elm Group stock?

One way to place an order for Great Elm Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.