New Concept Energy (NYSE:GBR) Research Coverage Started at StockNews.com

Posted by on Apr 21st, 2025

StockNews.com assumed coverage on shares of New Concept Energy (NYSE:GBR – Free Report) in a report released on Friday. The firm issued a sell rating on the stock.

New Concept Energy Price Performance

The stock’s 50 day moving average is $0.93 and its 200-day moving average is $1.10. New Concept Energy has a twelve month low of $0.68 and a twelve month high of $1.82. The firm has a market cap of $3.79 million, a P/E ratio of -24.63 and a beta of 0.10.

New Concept Energy Company Profile

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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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