Analysts at StockNews.com started coverage on shares of New Concept Energy (NYSE:GBR – Get Free Report) in a note issued to investors on Thursday. The brokerage set a “sell” rating on the stock.
New Concept Energy Stock Performance
GBR stock opened at $1.71 on Thursday. New Concept Energy has a 1-year low of $0.95 and a 1-year high of $1.82. The business has a fifty day moving average price of $1.42 and a 200-day moving average price of $1.19.
New Concept Energy (NYSE:GBR – Get Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.01 earnings per share for the quarter. New Concept Energy had a negative return on equity of 0.79% and a negative net margin of 25.17%. The firm had revenue of $0.04 million during the quarter.
Institutional Inflows and Outflows
New Concept Energy Company Profile
New Concept Energy, Inc engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc in May 2008.
Read More
- Five stocks we like better than New Concept Energy
- How to Evaluate a Stock Before BuyingÂ
- Constellation Brands Stock Q1 2025: Crushing Anheuser-Busch?
- Compound Interest and Why It Matters When Investing
- Qualcomm Stock Continues to Rise in the Face of Negative News
- What is a Stock Market Index and How Do You Use Them?
- Top 3 Summer Stocks with Solid Growth Opportunities
Receive News & Ratings for New Concept Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Concept Energy and related companies with MarketBeat.com's FREE daily email newsletter.