New Concept Energy, Inc. (NYSEAMERICAN:GBR) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 242,000 shares, an increase of 158.3% from the September 15th total of 93,700 shares. Based on an average trading volume of 479,000 shares, the short-interest ratio is presently 0.5 days. Currently, 6.5% of the shares of the company are sold short.
New Concept Energy stock traded up $0.01 during midday trading on Thursday, hitting $4.09. 4,570 shares of the company were exchanged, compared to its average volume of 1,671,321. The company has a quick ratio of 19.68, a current ratio of 19.68 and a debt-to-equity ratio of 0.02. New Concept Energy has a fifty-two week low of $1.40 and a fifty-two week high of $30.99.
New Concept Energy (NYSEAMERICAN:GBR) last issued its quarterly earnings data on Friday, August 13th. The company reported $0.01 EPS for the quarter. New Concept Energy had a return on equity of 3.81% and a net margin of 2,255.45%. The company had revenue of $0.03 million for the quarter.
New Concept Energy Company Profile
New Concept Energy, Inc engages in the provision of real estate rental services. It also maintains property and liability insurance intended to cover claims for its real estate and corporate operations. The company was founded in 1978 and is headquartered in Dallas, TX.
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