Great Elm Cap C (NASDAQ:GECC) Director Michael C. Speller acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was bought at an average cost of $9.40 per share, for a total transaction of $47,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Great Elm Cap C (NASDAQ GECC) traded down $0.22 during mid-day trading on Monday, reaching $9.97. 6,600 shares of the company’s stock traded hands, compared to its average volume of 24,931. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.49. Great Elm Cap C has a 12-month low of $8.76 and a 12-month high of $11.90.
Several research firms recently commented on GECC. Zacks Investment Research raised shares of Great Elm Cap C from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Wednesday, September 13th. Janney Montgomery Scott began coverage on shares of Great Elm Cap C in a research note on Monday, November 6th. They issued a “neutral” rating and a $12.00 price target on the stock.
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