Recon Technology (NASDAQ:RCON) Research Coverage Started at StockNews.com

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

Recon Technology Stock Up 1.2 %

Recon Technology stock opened at $1.66 on Friday. Recon Technology has a 52-week low of $1.26 and a 52-week 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 company’s 50 day moving average is $2.00 and its two-hundred day moving average is $2.39.

About Recon Technology

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.