Arcadian Energy, Inc. Sells 108,500 Shares of New Concept Energy Inc. (GBR) Stock
New Concept Energy Inc. (NYSEMKT:GBR) major shareholder Arcadian Energy, Inc. sold 108,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 4th. The shares were sold at an average price of $2.58, for a total transaction of $279,930.00. Following the transaction, the insider now directly owns 68,331 shares of the company’s stock, valued at approximately $176,293.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Arcadian Energy, Inc. also recently made the following trade(s):
- On Tuesday, September 27th, Arcadian Energy, Inc. sold 40,123 shares of New Concept Energy stock. The shares were sold at an average price of $3.72, for a total transaction of $149,257.56.
- 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.
- On Thursday, September 15th, Arcadian Energy, Inc. sold 20,000 shares of New Concept Energy stock. The shares were 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 2.32 on Friday. The company’s market cap is $4.51 million. The company’s 50 day moving average is $3.86 and its 200 day moving average is $2.24. New Concept Energy Inc. has a 12 month low of $0.62 and a 12 month high of $6.10.
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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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