Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of New Concept Energy Inc (AMEX: GBR) closed at $1.76 in the last session, up 39.68% from day before closing price of $1.26. In other words, the price has increased by $39.68 from its previous closing price. On the day, 1.07 million shares were traded.
Ratios:
We take a closer look at GBR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 8.12 and its Current Ratio is at 8.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 20 ’24 when REALTY ADVISORS INC sold 250,000 shares for $1.16 per share. The transaction valued at 290,000 led to the insider holds 646,254 shares of the business.
REALTY ADVISORS INC sold 248,681 shares of GBR for $290,957 on Oct 31 ’24. The 10% Owner now owns 896,254 shares after completing the transaction at $1.17 per share. On Aug 15 ’24, another insider, REALTY ADVISORS INC, who serves as the 10% Owner of the company, sold 250,000 shares for $1.30 each. As a result, the insider received 325,000 and left with 1,144,934 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 60.25 while its Price-to-Book (P/B) ratio in mrq is 2.00.
Stock Price History:
Over the past 52 weeks, GBR has reached a high of $1.82, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 102.48%, while the 200-Day Moving Average is calculated to be 64.42%.
Shares Statistics:
A total of 5.13M shares are outstanding, with a floating share count of 4.49M. Insiders hold about 12.59% of the company’s shares, while institutions hold 5.74% stake in the company.
