New Concept Energy Inc. (NYSEMKT:GBR) major shareholder Arcadian Energy, Inc. sold 20,000 shares of the company’s stock in a transaction 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 completion of the transaction, the insider now directly owns 121,338 shares in the company, valued at approximately $473,218.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions 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 transaction of $70,444.62.
Shares of New Concept Energy Inc. (NYSEMKT:GBR) opened at 3.72 on Friday. The firm’s 50-day moving average is $4.03 and its 200 day moving average is $2.08. The firm’s market capitalization is $7.24 million. New Concept Energy Inc. has a 52 week low of $0.62 and a 52 week high of $6.10.
About New Concept Energy
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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