Media headlines about Great Elm Capital (NASDAQ:GECC) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Elm Capital earned a news sentiment score of 0.25 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.7127003140444 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
GECC has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Great Elm Capital from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research note on Friday, November 10th. Janney Montgomery Scott initiated coverage on shares of Great Elm Capital in a research note on Monday, November 6th. They set a “neutral” rating and a $12.00 price objective on the stock.
Great Elm Capital (NASDAQ:GECC) traded down $0.02 during trading hours on Thursday, reaching $10.01. 4,532 shares of the company were exchanged, compared to its average volume of 14,151. Great Elm Capital has a 12 month low of $8.76 and a 12 month high of $11.67. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.61 and a quick ratio of 0.61.
Great Elm Capital (NASDAQ:GECC) last posted its quarterly earnings results on Monday, November 6th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.07. equities analysts anticipate that Great Elm Capital will post 1.22 EPS for the current fiscal year.
The business also recently declared a special dividend, which was paid on Tuesday, January 30th. Shareholders of record on Friday, December 29th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a dividend yield of 9.78%.
In other Great Elm Capital news, Director Michael C. Speller bought 5,000 shares of Great Elm Capital stock in a transaction that occurred on Monday, November 13th. The stock was purchased at an average price of $9.40 per share, with a total value of $47,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Peter A. Reed bought 3,807 shares of Great Elm Capital stock in a transaction that occurred on Friday, November 17th. The shares were acquired at an average cost of $9.85 per share, with a total value of $37,498.95. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 11,095 shares of company stock valued at $106,139.
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