New Concept Energy, Inc. (NYSE:GBR – Get Free Report)’s stock price was down 1.5% on Thursday. The company traded as low as $0.66 and last traded at $0.6957. Approximately 49,785 shares changed hands during trading, a decline of 88% from the average daily volume of 412,988 shares. The stock had previously closed at $0.7060.
New Concept Energy Price Performance
The stock has a market cap of $3.68 million, a PE ratio of -23.90 and a beta of 1.09. The firm’s 50 day moving average price is $0.75 and its two-hundred day moving average price is $0.75.
New Concept Energy Company Profile
New Concept Energy, Inc is an energy company engaged primarily in the exploration, development and production of oil and natural gas. Its activities focus on owning and operating interests in oil and gas properties and related wells in the United States.
The company’s operations have been associated with the Mid-Continent region, including properties in Kansas and other parts of the central United States. Its business is centered on managing producing properties and pursuing opportunities related to domestic oil and natural gas assets.
New Concept Energy was founded in 1971 and is headquartered in Dallas, Texas.
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