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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 $1.78, down 1.11% from the previous day, and has decreased 12.75% in one year. It has underperformed other stocks in the Asset Management industry by 0.21 percentage points. Great Elm Group stock is currently +11.95% from its 52-week low of $1.59, and -19.09% from its 52-week high of $2.20.

As of Jul 18, 2024, there are 31.88M shares of GEG outstanding. The market cap of GEG is $56.74M. In the last 24 hours, 18,589 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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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
$1.78
1w %
-0.56%
1y %
-12.75%
5y %
-56.48%
P/E
-8.09x
P/B
0.87x
P/S
4.48x
PEG
N/A
Revenue
$11.94M
Earnings
-$5.93M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$56.74M
Next Earnings
Sep 18, 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/B ratio of 0.87x, relative to Asset Management industry P/B ratio of 2.53x

You can access more valuation analysis on GEG's stock here.

A quick look at GEG Financials

Passed Financial Due Diligence Checks:

  • Total GEG debt is lower than 5 years ago, relative to shareholder equity.
  • GEG has $121.09M in cash and short term investments. This is enough to cover its annual cash burn of $18.12M.
  • There are more short-term assets than short-term liabilities on the GEG balance sheet.
  • GEG has cash burn of 18119000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the GEG balance sheet.

Failed Financial Due Diligence Checks:

  • GEG profit margin has gone down from 397.2% to -49.7% in the past year.
  • GEG has a relatively high debt to equity ratio of 1.17.

GEG Technicals

SMA10
1.78
SMA20
1.78
SMA50
1.79
SMA100
1.86
SMA200
1.89
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
49.02
Stochastic %K
41.11
Stochastic %D
40.37
StochRSI %K
55.99
StochRSI %D
58.2

How are GEG Revenues/Earnings doing?

Last year, GEG revenue was $11.94M. During the last five year, GEG's revenue has gone up by -20.74% per year. This was slower than the Asset Management industry average of 22.13%.

Find out more about GEG's earnings and revenue performance here.

Who is buying/selling GEG?

In the past year, executives and large shareholders at GEG have bought more shares than they have sold.

Matthew A. Drapkin, Director of GEG, was the latest GEG insider to buy. They bought $8,796.31 worth of GEG stock on May 23, 2024.

Research more about who owns GEG stock here.

Can I get consistent income from GEG stock?

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

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Step 5: Execute your GEG trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Keep an eye on your GEG position

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

Start a watchlist to see the latest developments about your GEG stock.

GEG Feed

How to Buy Stock in Great Elm Group

To summarize, 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 require a place to buy stocks, eToro is our favorite option.

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If you want to keep an eye on your investment in Great Elm Group, click the button below.

NASDAQ: GEG
$1.78-0.02 (-1.11%)
Updated Jul 18, 2024
Open eToro Account
NASDAQ: GEG
$1.78-0.02 (-1.11%)
Updated Jul 18, 2024
Open eToro Account

FAQ

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

As of Jul 18, 2024, it costs $1.78 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 $0.89, 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.