New Concept Energy Inc’s filing revealed that its 10% Owner REALTY ADVISORS INC unloaded Company’s shares for reported $0.29 million on Dec 20 ’24. In the deal valued at $1.16 per share,250,000 shares were sold. As a result of this transaction, REALTY ADVISORS INC now holds 646,254 shares worth roughly $0.81 million.
Then, REALTY ADVISORS INC sold 248,681 shares, generating $290,957 in total proceeds. Upon selling the shares at $1.17, the 10% Owner now owns 896,254 shares.
Before that, REALTY ADVISORS INC sold 250,000 shares. New Concept Energy Inc shares valued at $325,000 were divested by the 10% Owner at a price of $1.30 per share. As a result of the transaction, REALTY ADVISORS INC now holds 1,144,934 shares, worth roughly $1.43 million.
Price Performance Review of GBR
On Tuesday, New Concept Energy Inc [AMEX:GBR] saw its stock jump 5.57% to $1.25. Over the last five days, the stock has gained 0.81%. New Concept Energy Inc shares have risen nearly 7.75% since the year began. Nevertheless, the stocks have risen 29.98% over the past one year. While a 52-week high of $1.82 was reached on 01/21/25, a 52-week low of $0.96 was recorded on 01/17/25. SMA at 50 days reached $1.1778, while 200 days put it at $1.2991.
Levels Of Support And Resistance For GBR Stock
The 24-hour chart illustrates a support level at 1.0767, which if violated will result in even more drops to 0.9033. On the upside, there is a resistance level at 1.5367. A further resistance level may holdings at 1.8233. The Relative Strength Index (RSI) on the 14-day chart is 58.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0174, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.73%. Stochastics %K at 26.06% indicates the stock is a holding.
How much short interest is there in New Concept Energy Inc?
A steep rise in short interest was recorded in New Concept Energy Inc stocks on 2024-10-15, growing by 2998.0 shares to a total of 15971.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 12973.0 shares. There was a rise of 18.77%, which implies that there is a positive sentiment for the stock.
