New Concept Energy Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 31 out of 52 in the Real Estate Operations industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
New Concept Energy Inc's Score
Industry at a Glance
Industry Ranking
31 / 52
Overall Ranking
412 / 4565
Industry
Real Estate Operations
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative-
New Concept Energy Inc Highlights
StrengthsRisks
New Concept Energy, Inc. owns approximately 191 acres of land located in Parkersburg, West Virginia. The land consists of four structures totaling approximately 53,000 square feet. Of this total area, the main industrial / office building contains approximately 24,800 square feet, of which approximately 16,000 of industrial area is leased. The Company is providing advisory and management services for an independent West Virginia oil and gas company. The Company also seeks to establish or acquire new business operations.
Growing
The company is in a growing phase, with the latest annual income totaling USD 155.00K.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 155.00K.
Fairly Valued
The company’s latest PE is -89.86, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 221.48K shares, decreasing 45.79% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.63.
New Concept Energy, Inc. owns approximately 191 acres of land located in Parkersburg, West Virginia. The land consists of four structures totaling approximately 53,000 square feet. Of this total area, the main industrial / office building contains approximately 24,800 square feet, of which approximately 16,000 of industrial area is leased. The Company is providing advisory and management services for an independent West Virginia oil and gas company. The Company also seeks to establish or acquire new business operations.