New Concept Energy, Inc. engages in the real estate rental business. The company owns land located in Parkersburg, West Virginia. The company offers advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is headquartered in Dallas, Texas.
Research context
New Concept Energy, Inc appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Real Estate
- Industry
- Real Estate Services
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5 years, 7 months ago
New Concept Energy, Inc is currently in a long term uptrend where the price is trading 26.2% above its 200 day moving average.
From a valuation standpoint, the stock is 2855.6% more expensive than other stocks from the Energy sector with a price to sales ratio of 237.8.
New Concept Energy, Inc's total revenue sank by 79.0% to $25K since the same quarter in the previous year.
Its net income has dropped by 88.2% to $-32K since the same quarter in the previous year.
Finally, its free cash flow grew by 53.2% to $-44K since the same quarter in the previous year.
Based on the above factors, New Concept Energy, Inc gets an overall score of 2/5.