A Major Shareholder at New Concept Energy Inc (NYSE MKT: GBR) is Selling Shares

Today, a Major Shareholder at New Concept Energy Inc (NYSE MKT: GBR), Arcadian Energy, Inc., sold shares of GBR for $706.

In addition to Arcadian Energy, Inc., one other GBR executive reported Sell trades in the last month.

The company has a one year high of $6.10 and a one year low of $0.62. Currently, New Concept Energy Inc has an average volume of 230.2K.

In the last 30 days, insiders have sold $343.8K worth of GBR shares and purchased $109.9K worth of GBR shares.

New Concept Energy Inc. is an oil and gas company, which owns oil and gas wells and mineral leases in Ohio and in West Virginia. It also leases and operates a retirement center in King City, Oregon. The company operates through two business segments: Oil and Gas Operations and Retirement Facilities. It intends to continue to pursue acquisition of undervalued or distressed oil and gas related businesses, as well as additional acquisitions of oil and gas leases. New Concept Energy was founded in 1978 and is headquartered in Dallas, TX.