How to buy New Concept Energy stock | $4.21

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 2 staff and has a trailing 12-month revenue of around 0.00.

New Concept Energy stock price (NYSE MKT: GBR)

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

New Concept Energy shares at a glance

• Key figures

Information last updated 2021-07-30.

Latest market close	$4.21
52-week range	$1.05 - $10.25
50-day moving average	$5.25
200-day moving average	$5.10
Wall St. target price	N/A
PE ratio	11.5196
Dividend yield	N/A (0%)
Earnings per share (TTM)	$0.41

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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.

Technical Analysis of New Concept Energy, Inc by TradingView

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 $4.21 from 2021-05-28

1 week (2021-07-21)	N/A
1 month (2021-07-01)	-34.73%
3 months (2021-04-30)	9.92%
6 months (2021-01-28)	N/A

1 year (2020-07-28)	N/A
2 years (2019-07-28)	N/A
3 years (2018-07-28)	N/A
5 years (2016-07-28)	N/A

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 12x. In other words, New Concept Energy shares trade at around 12x recent earnings.

New Concept Energy financials

Revenue TTM	$101,000
Gross profit TTM	$29,000
Return on assets TTM	-4.07%
Return on equity TTM	1.82%
Profit margin	2071.29%
Book value	$0.86
Market capitalisation	$24.1 million

TTM: trailing 12 months

Shorting New Concept Energy shares

There are currently 410,671 New Concept Energy shares held short by investors – that's known as New Concept Energy's "short interest". This figure is 96.3% up from 209,228 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 3.2 million). New Concept Energy's SIR currently stands at 0.13. In other words for every 100,000 New Concept Energy shares traded daily on the market, roughly 130 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 0.08% of the outstanding shares (for every 100,000 New Concept Energy shares in existence, roughly 80 shares are currently held short) or 0.1132% of the tradable shares (for every 100,000 tradable New Concept Energy shares, roughly 113 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 28 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 $1.05 up to $10.25. A popular way to gauge a stock's volatility is its "beta".

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 0.7916. This would suggest that New Concept Energy's shares are less volatile than average (for this exchange).

New Concept Energy overview

New Concept Energy, Inc. engages in real estate rental business. It owns approximately 190 acres of land located in Parkersburg West Virginia. 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.

Frequently asked questions

What percentage of New Concept Energy is owned by insiders or institutions?
Currently 27.181% of New Concept Energy shares are held by insiders and 3.985% by institutions. How many people work for New Concept Energy?
Latest data suggests 2 work at New Concept Energy. When does the fiscal year end for New Concept Energy?
New Concept Energy's fiscal year ends in December. Where is New Concept Energy based?
New Concept Energy's address is: 1603 Lyndon B Johnson Freeway, Dallas, TX, United States, 75234 What is New Concept Energy's ISIN number?
New Concept Energy's international securities identification number is: US6436111065 What is New Concept Energy's CUSIP number?
New Concept Energy's Committee on Uniform Securities Identification Procedures number is: 12681Y106