New Concept Energy Inc. (NYSEMKT:GBR) President Gene S. Bertcher sold 40,811 shares of the stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $4.77, for a total value of $194,668.47. Following the completion of the transaction, the president now directly owns 39,811 shares in the company, valued at $189,898.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of New Concept Energy Inc. (NYSEMKT:GBR) opened at 3.78 on Monday. The stock’s market cap is $7.36 million. New Concept Energy Inc. has a 52 week low of $0.62 and a 52 week high of $6.10. The stock has a 50 day moving average price of $3.99 and a 200-day moving average price of $1.95.

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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