New Concept Energy Inc. [GBR] is 39.84% higher this YTD. Is it still time to buy?

New Concept Energy Inc. [AMEX: GBR] price surged by 36.51 percent to reach at $0.46.

A sum of 3018828 shares traded at recent session while its average daily volume was at 112.57K shares. New Concept Energy Inc. shares reached a high of $2.13 and dropped to a low of $1.37 until finishing in the latest session at $1.72.

Guru’s Opinion on New Concept Energy Inc. [GBR]:

The Average True Range (ATR) for New Concept Energy Inc. is set at 0.19, with the Price to Sales ratio for GBR stock in the period of the last 12 months amounting to 17.61. The Price to Book ratio for the last quarter was 4.10, with the Price to Cash per share for the same quarter was set at 0.00.

GBR Stock Performance Analysis:

New Concept Energy Inc. [GBR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 35.54. With this latest performance, GBR shares gained by 26.47% in over the last four-week period, additionally plugging by 130.93% over the last 6 months – not to mention a rise of 4.24% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GBR stock in for the last two-week period is set at 69.82, with the RSI for the last a single of trading hit 78.04, and the three-weeks RSI is set at 64.12 for New Concept Energy Inc. [GBR]. The present Moving Average for the last 50 days of trading for this stock 1.3820, while it was recorded at 1.3420 for the last single week of trading, and 1.1376 for the last 200 days.

Insight into New Concept Energy Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and New Concept Energy Inc. [GBR] shares currently have an operating margin of -86.10 and a Gross Margin at -16.27. New Concept Energy Inc.’s Net Margin is presently recorded at -398.64.

Return on Total Capital for GBR is now -13.28, given the latest momentum, and Return on Invested Capital for the company is -62.32. Return on Equity for this stock declined to -65.61, with Return on Assets sitting at -34.41. When it comes to the capital structure of this company, New Concept Energy Inc. [GBR] has a Total Debt to Total Equity ratio set at 9.17. Additionally, GBR Total Debt to Total Capital is recorded at 8.40, with Total Debt to Total Assets ending up at 3.82. Long-Term Debt to Equity for the company is recorded at 7.35, with the Long-Term Debt to Total Capital now at 6.73.

Reflecting on the efficiency of the workforce at the company, New Concept Energy Inc. [GBR] managed to generate an average of -$470,400 per employee. Receivables Turnover for the company is 0.14 with a Total Asset Turnover recorded at a value of 0.09.New Concept Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 13.90 and a Current Ratio set at 13.90.

New Concept Energy Inc. [GBR] Insider Position Details

There are presently around $0 million, or 2.10% of GBR stock, in the hands of institutional investors. The top three institutional holders of GBR stocks are: BARCLAYS PLC with ownership of 41,055, which is approximately 0% of the company’s market cap and around 59.63% of the total institutional ownership; VANGUARD GROUP INC, holding 29,463 shares of the stock with an approximate value of $51000.0 in GBR stocks shares; and CITADEL ADVISORS LLC, currently with $26000.0 in GBR stock with ownership of nearly New of the company’s market capitalization.

Positions in New Concept Energy Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 3 institutional holders increased their position in New Concept Energy Inc. [AMEX:GBR] by around 24,205 shares. Additionally, 0 investors decreased positions by around 0 shares, while 3 investors held positions by with 73,634 shares. The mentioned changes placed institutional holdings at 97,839 shares, according to the latest SEC report filing. GBR stock had 1 new institutional investments in for a total of 15,189 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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