New Concept Energy Inc. (NYSEMKT:GBR) major shareholder Arcadian Energy, Inc. sold 20,000 shares of New Concept Energy stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $3.90, for a total value of $78,000.00. Following the transaction, the insider now owns 121,338 shares of the company’s stock, valued at $473,218.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Arcadian Energy, Inc. also recently made the following trade(s):

  • On Friday, September 16th, Arcadian Energy, Inc. sold 18,441 shares of New Concept Energy stock. The shares were sold at an average price of $3.82, for a total value of $70,444.62.

Shares of New Concept Energy Inc. (NYSEMKT:GBR) traded up 2.282% on Wednesday, reaching $3.631. The company had a trading volume of 88,613 shares. The company’s 50-day moving average price is $4.02 and its 200 day moving average price is $2.07. The firm’s market capitalization is $7.07 million. New Concept Energy Inc. has a 52 week low of $0.62 and a 52 week high of $6.10.

New Concept Energy Company Profile

New Concept Energy, Inc is an oil and gas company. The Company, through its subsidiaries Mountaineer State Energy, Inc and Mountaineer State Operations, LLC, owns and operates oil and gas wells, and mineral leases in Athens and Meigs Counties in Ohio and in Calhoun, Jackson and Roane Counties in West Virginia.

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