Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. New Concept Energy Inc shares valued at $290,000 were sold by REALTY ADVISORS INC on Dec 20 ’24. At $1.16 per share, REALTY ADVISORS INC sold 250,000 shares. The insider’s holdings dropped to 646,254 shares worth approximately $0.89 million following the completion of this transaction.
Also, REALTY ADVISORS INC sold 248,681 shares, netting a total of over 290,957 in proceeds. Following the sale of shares at $1.17 each, the insider now holds 896,254 shares.
Before that, REALTY ADVISORS INC had sold 250,000 shares from its account. In a trade valued at $325,000, the 10% Owner traded New Concept Energy Inc shares for $1.30 each. Upon closing the transaction, the insider’s holdings decreased to 250,000 shares, worth approximately $1.57 million.
Analyzing GBR Stock Performance
On last trading session,, New Concept Energy Inc [AMEX: GBR] plunged -22.16% to $1.37. The stock’s lowest price that day was $1.2749, but it reached a high of $1.6499 in the same session. During the last five days, there has been a surge of approximately 39.81%. Over the course of the year, New Concept Energy Inc shares have jumped approximately 18.09%. Shares of the company reached a 52-week high of $1.7800 on 06/17/25 and a 52-week low of $0.6700 on 04/30/25.
Support And Resistance Levels for New Concept Energy Inc (GBR)
According to the 24-hour chart, there is a support level at 1.2100, which, if violated, would cause prices to drop to 1.0501. In the upper region, resistance lies at 1.5899. The next price resistance is at 1.8099. RSI (Relative Strength Index) is 63.24 on the 14-day chart, showing neutral technical sentiment.
Is New Concept Energy Inc subject to short interest?
Stocks of New Concept Energy Inc saw a sharp steep in short interest on 2025-05-30 dropping by 6822.0 shares to 12760.0. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 19582.0 shares. A decline of -53.46% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 0.38 of the overall float, the days-to-cover ratio (short ratio) decline to 0.38.
