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How to buy New Concept Energy stock | $2.06

Own New Concept Energy stock in just a few minutes.

Fact checked

New Concept Energy, Inc is an oil & gas e&p business based in the US. New Concept Energy shares (GBR) are listed on the NYSE MKT and all prices are listed in US Dollars. New Concept Energy employs 5 staff and has a trailing 12-month revenue of around USD$590,000.

How to buy shares in New Concept Energy

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for New Concept Energy. Find the stock by name or ticker symbol: GBR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until New Concept Energy reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$2.06, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of New Concept Energy, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of New Concept Energy. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

New Concept Energy share price

Use our graph to track the performance of GBR stocks over time.

New Concept Energy shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$2.06
52-week rangeUSD$0.55 - USD$2.03
50-day moving average USD$1.7274
200-day moving average USD$1.4643
Wall St. target priceN/A
PE ratio 4.7606
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.376

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy New Concept Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

New Concept Energy price performance over time

Historical closes compared with the close of $2.06 from 2021-01-11

1 week (2021-01-11) 2.06
1 month (2020-12-18) 18.39%
3 months (2020-10-16) 24.85%
6 months (2020-07-17) 71.67%
1 year (2020-01-17) 60.94%
2 years (2019-01-18) 8.42%
3 years (2018-01-18) 26.77%
5 years (2016-01-15) 123.99%

Is New Concept Energy under- or over-valued?

Valuing New Concept Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Concept Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

New Concept Energy's P/E ratio

New Concept Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, New Concept Energy shares trade at around 5x recent earnings.

New Concept Energy financials

Revenue TTM USD$590,000
Gross profit TTM USD$-96,000
Return on assets TTM -5.71%
Return on equity TTM -72.18%
Profit margin 327.29%
Book value $0.849
Market capitalisation USD$9.2 million

TTM: trailing 12 months

Shorting New Concept Energy shares

There are currently 71,918 New Concept Energy shares held short by investors – that's known as New Concept Energy's "short interest". This figure is 31.6% down from 105,219 last month.

There are a few different ways that this level of interest in shorting New Concept Energy shares can be evaluated.

New Concept Energy's "short interest ratio" (SIR)

New Concept Energy's "short interest ratio" (SIR) is the quantity of New Concept Energy shares currently shorted divided by the average quantity of New Concept Energy shares traded daily (recently around 276607.69230769). New Concept Energy's SIR currently stands at 0.26. In other words for every 100,000 New Concept Energy shares traded daily on the market, roughly 260 shares are currently held short.

However New Concept Energy's short interest can also be evaluated against the total number of New Concept Energy shares, or, against the total number of tradable New Concept Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Concept Energy's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 New Concept Energy shares in existence, roughly 10 shares are currently held short) or 0.0347% of the tradable shares (for every 100,000 tradable New Concept Energy shares, roughly 35 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New Concept Energy.

Find out more about how you can short New Concept Energy stock.

New Concept Energy share dividends

We're not expecting New Concept Energy to pay a dividend over the next 12 months.

Have New Concept Energy's shares ever split?

New Concept Energy's shares were split on a 2:1 basis on 29 October 2003. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your New Concept Energy shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for New Concept Energy shares which in turn could have impacted New Concept Energy's share price.

New Concept Energy share price volatility

Over the last 12 months, New Concept Energy's shares have ranged in value from as little as $0.55 up to $2.03. A popular way to gauge a stock's volatility is its "beta".

GBR.US volatility(beta: 2.15)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while New Concept Energy's is 2.1475. This would suggest that New Concept Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.

New Concept Energy overview

New Concept Energy, Inc., through its subsidiaries, owns and operates oil and gas wells, and mineral leases primarily in the United States. Its oil and gas wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. As of December 31, 2019, the company had 153 producing gas wells; 44 non-producing wells and related equipment; and mineral leases covering approximately 20,000 acres. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. The company was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a subsidiary of Realty Advisors, Inc.

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