New Concept Energy Inc (NYSEMKT:GBR): Institutional Investor Sentiment Up to 3

Sentiment for New Concept Energy Inc (NYSEMKT:GBR)

New Concept Energy Inc (NYSEMKT:GBR) institutional sentiment increased to 3 in Q2 2019. Its up 2.60, from 0.4 in 2019Q1. The ratio is better, as 6 hedge funds started new and increased holdings, while 2 cut down and sold positions in New Concept Energy Inc. The hedge funds in our partner’s database reported: 122,284 shares, down from 125,109 shares in 2019Q1. Also, the number of hedge funds holding New Concept Energy Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 0 Increased: 2 New Position: 4.

New Concept Energy, Inc., through its subsidiaries, owns and operates gas and oil wells, and mineral leases primarily in the United States. The company has market cap of $8.21 million. The Company’s gas and oil wells, and mineral leases are located in Athens and Meigs counties in Ohio; and Calhoun, Jackson, and Roane counties in West Virginia. It currently has negative earnings. As of December 31, 2016, the Company had 153 producing gas wells; 31 non-producing wells and related equipment; and mineral leases covering approximately 20,000 acres.

The stock increased 0.60% or $0.0096 during the last trading session, reaching $1.5996. About 18,346 shares traded. New Concept Energy, Inc. (NYSEMKT:GBR) has declined 31.89% since September 13, 2018 and is downtrending. It has underperformed by 31.89% the S&P500.

Bank Of America Corp De holds 0% of its portfolio in New Concept Energy, Inc. for 5,722 shares. Citadel Advisors Llc owns 22,063 shares or 0% of their US portfolio. Moreover, Deutsche Bank Ag has 0% invested in the company for 294 shares. The New York-based Jane Street Group Llc has invested 0% in the stock. Jpmorgan Chase & Co, a New York-based fund reported 3,983 shares.

More notable recent New Concept Energy, Inc. (NYSEAMERICAN:GBR) news were published by: Stockhouse.com which released: “Trending Stock, Industry Sector & Investor News – Stockhouse” on June 22, 2017, also Stockhouse.com with their article: “Canntrust Hldgs Inc. ( T.TRST ) stock quote and company overview – Stockhouse” published on March 06, 2018, Stockhouse.com published: “Great Bear Resources Ltd. ( V.GBR ) stock quote and company overview – Stockhouse” on October 24, 2017. More interesting news about New Concept Energy, Inc. (NYSEAMERICAN:GBR) were released by: Investorplace.com and their article: “New Concept Energy (GBR) Stock Continues to Soar – Investorplace.com” published on July 02, 2018 as well as Stockhouse.com‘s news article titled: “Buzz on the Bullboards: New Stocks see Action – Stockhouse” with publication date: July 26, 2019.

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