New Concept Energy Inc. (NYSEMKT:GBR) major shareholder Arcadian Energy, Inc. sold 40,123 shares of the stock in a transaction on Tuesday, September 27th. The stock was sold at an average price of $3.72, for a total transaction of $149,257.56. Following the completion of the sale, the insider now directly owns 68,331 shares of the company’s stock, valued at $254,191.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own at least 10% of a company’s shares 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 stock was sold at an average price of $3.82, for a total transaction of $70,444.62.
- On Thursday, September 15th, Arcadian Energy, Inc. sold 20,000 shares of New Concept Energy stock. The stock was sold at an average price of $3.90, for a total transaction of $78,000.00.
Shares of New Concept Energy Inc. (NYSEMKT:GBR) opened at 2.99 on Friday. The stock’s market capitalization is $5.82 million. The stock has a 50 day moving average of $4.05 and a 200-day moving average of $2.19. 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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