New Concept Energy (NYSE:GBR) Now Covered by Analysts at StockNews.com

Posted by on Apr 26th, 2025

Investment analysts at StockNews.com started coverage on shares of New Concept Energy (NYSE:GBR – Get Free Report) in a report released on Saturday. The firm set a “sell” rating on the stock.

New Concept Energy Stock Performance

NYSE GBR opened at $0.70 on Friday. The company has a market capitalization of $3.60 million, a PE ratio of -23.37 and a beta of 0.10. New Concept Energy has a 52-week low of $0.68 and a 52-week high of $1.82. The company has a 50-day simple moving average of $0.88 and a 200 day simple moving average of $1.08.

About New Concept Energy

(Get Free Report)

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.

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