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

Investment analysts at StockNews.com assumed coverage on shares of New Concept Energy (NYSE:GBR – Get Rating) in a report issued on Wednesday. The brokerage set a “sell” rating on the stock.

New Concept Energy Trading Down 4.2 %

Shares of GBR stock opened at $1.13 on Wednesday. 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 $5.80 million, a PE ratio of 37.68 and a beta of 0.72. The company’s fifty day simple moving average is $1.19 and its 200-day simple moving average is $1.35.

New Concept Energy Company Profile

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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.