Recon Technology (NASDAQ:RCON) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Recon Technology (NASDAQ:RCON) in a research note issued to investors on Thursday morning. The firm issued a sell rating on the oil and gas company’s stock.

Recon Technology Price Performance

Recon Technology stock opened at $1.50 on Thursday. Recon Technology has a 12 month low of $1.26 and a 12 month high of $3.70. The company has a current ratio of 10.67, a quick ratio of 10.64 and a debt-to-equity ratio of 0.02. The stock has a 50-day moving average price of $2.09 and a two-hundred day moving average price of $2.45.

Recon Technology Company Profile

Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People’s Republic of China. The company offers equipment, tools, and other components and parts related to oilfield production and other energy industries; and develops and sells industrial automation control and information solutions.