In the last trading session, 1,150,577 shares of the New Concept Energy, Inc.(NYSE:GBR) were traded, and its beta was 0.75. Most recently the company’s share price was $6.39, and it changed around -$0.05 or -0.01% from the last close, which brings the market valuation of the company to $32.79 Million. GBR currently trades at a discount to its 52-week high of $30.99, offering almost -384.98% off that amount. The share price’s 52-week low was $0.55, which indicates that the current value has risen by an impressive 91.39% since then. We note from New Concept Energy, Inc.’s average daily trading volume that its 10-day average is 1.29 Million shares, with the 3-month average coming to 2.52 Million.
New Concept Energy, Inc. stock received a consensus recommendation rating of 0, based on a mean score of 0. If we narrow it down even further, the data shows that none out of 0 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, no body recommended GBR as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. New Concept Energy, Inc. is expected to report earnings per share of $0 for the current quarter.
New Concept Energy, Inc. (NYSE:GBR): Trading Information
Although GBR has showed a red trend with a performance of -0.78% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $7.95- on Tuesday, Feb 16 increased the stock’s daily price by 19.62%. The company’s shares are currently up 2.3% year-to-date, but still down -0.1025 over the last five days. On the other hand, New Concept Energy, Inc. (NYSE:GBR) is 1.59% up in the 30-day period. We can see from the shorts that 53.18 Million shares have been sold at a short interest cover period of 21.1 day(s).
New Concept Energy, Inc. (GBR) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 3.7%. New Concept Energy, Inc. earnings are expected to decrease by -123.3% in 2021, but the outlook is negative 0% per year for the next five years.
New Concept Energy, Inc. (NYSE:GBR)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 59.63% of New Concept Energy, Inc. shares, and 1.81% of them are in the hands of institutional investors. The stock currently has a share float of 4.47%. New Concept Energy, Inc. stock is held by 8 institutions, with Renaissance Technologies, LLC being the largest institutional investor. By Dec 30, 2020, it held 1.39% of the shares, which is about 71.39 Thousand shares worth $138.36 Thousand.
Vanguard Group, Inc. (The), with 0.57% or 29.46 Thousand shares worth $57.1 Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Extended Market Index Fund and Bridgeway Funds Inc-Ultra Small Company Market Fund were the top two Mutual Funds as of Sep 29, 2020. The former held 29463 shares worth $42.13 Thousand, making up 0.57% of all outstanding shares. On the other hand, Bridgeway Funds Inc-Ultra Small Company Market Fund held roughly 8.4 Thousand shares worth around $16.28 Thousand, which represents about 0.16% of the total shares outstanding.
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