StockNews.com assumed coverage on shares of New Concept Energy (NYSE:GBR – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the stock.
New Concept Energy Stock Performance
Shares of GBR stock opened at $0.70 on Wednesday. New Concept Energy has a fifty-two week low of $0.68 and a fifty-two week high of $1.82. The stock has a 50 day simple moving average of $1.05 and a two-hundred day simple moving average of $1.14. The company has a market cap of $3.61 million, a P/E ratio of -23.47 and a beta of 0.22.
About New Concept Energy
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