New Concept Energy Inc [AMEX: GBR] loss -22.16% or -0.39 points to close at $1.37 with a heavy trading volume of 408007 shares.
It opened the trading session at $1.48, the shares rose to $1.6499 and dropped to $1.2749, the range by which the price of stock traded the whole day. The daily chart for GBR points out that the company has recorded 17.03% gains over the past six months.
If we look at the average trading volume of 82.61K shares, GBR reached to a volume of 408007 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about New Concept Energy Inc [GBR]:
The Average True Range (ATR) for New Concept Energy Inc is set at 0.17, with the Price to Sales ratio for GBR stock in the period of the last 12 months amounting to 46.86. The Price to Book ratio for the last quarter was 1.56, with the Price to Cash per share for the same quarter was set at 0.06.
Trading performance analysis for GBR stock
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 39.81. With this latest performance, GBR shares gained by 51.38% in over the last four-week period, additionally plugging by 17.03% over the last 6 months – not to mention a drop of -3.52% in the past year of trading.
New Concept Energy Inc [GBR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and New Concept Energy Inc [GBR] shares currently have an operating margin of -165.54% and a Gross Margin at 68.24%. New Concept Energy Inc’s Net Margin is presently recorded at -27.03%.
Return on Equity for this stock declined to -0.87%, with Return on Assets sitting at -0.87%.
An analysis of Institutional ownership at New Concept Energy Inc [GBR]
There are presently around $5.91%, or 6.76%% of GBR stock, in the hands of institutional investors. The top three institutional holders of GBR stocks are: PFG INVESTMENTS, LLC with ownership of 0.15 million shares, which is approximately 2.9735%. VANGUARD GROUP INC, holding 48067.0 shares of the stock with an approximate value of $$76907.0 in GBR stocks shares; and VANGUARD GROUP INC, currently with $$46684.0 in GBR stock with ownership which is approximately 0.5686%.
