GECC Stock Summary and Trading Ideas (Great Elm Capital Corp. - Closed End | NASDAQ:GECC)

Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. The company seeks to generate current income and capital appreciation through debt and equity investments, including investments in specialty finance businesses. It invests in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. The company generates revenue from interest on the debt investments that it holds.

Great Elm Capital Corp. - Closed End trades on the NASDAQ stock market under the symbol GECC.

As of May 16, 2024, GECC stock price climbed to $10.35 with 4,364 million shares trading.

GECC has a market cap of $97.83 million. This is considered a Micro Cap stock.

Last quarter Great Elm Capital Corp. - Closed End reported $9 million in Revenue and $.37 earnings per share. This fell short of revenue expectation by $-231,000 and missed earnings estimates by -$.04.

In the last 3 years, GECC stock traded as high as $23.10 and as low as $7.51.

GECC has outperformed the market in the last year with a return of +46.7%, while the SPY ETF gained +30.1%. However, in the most recent history, GECC shares have underperformed the stock market with its stock returning +0.1% in the last 3 month period and -0.1% for the last 2 week period, while SPY has returned +6.0% and +6.1%, respectively.

GECC support price is $10.04 and resistance is $10.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GECC stock will trade within this expected range on the day.