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

Analysts at StockNews.com started coverage on shares of New Concept Energy (NYSE:GBR – Get Rating) in a research report issued on Tuesday. The firm set a “sell” rating on the stock.

New Concept Energy Stock Up 1.1 %

NYSE:GBR opened at $1.21 on Tuesday. The business’s 50 day moving average is $1.20 and its two-hundred day moving average is $1.37. New Concept Energy has a 52 week low of $1.03 and a 52 week high of $6.25. The company has a market cap of $6.21 million, a PE ratio of 40.35 and a beta of 0.72.

New Concept Energy Company Profile

(Get Rating)

New Concept Energy, Inc engages in the provision of real estate rental services. It also maintains property and liability insurance intended to cover claims for its real estate and corporate operations. The company was founded in 1978 and is headquartered in Dallas, TX.