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

Equities research analysts at StockNews.com initiated coverage on shares of Recon Technology (NASDAQ:RCON) in a report released on Saturday. The brokerage set a “sell” rating on the oil and gas company’s stock.

Recon Technology Trading Up 2.3 %

Shares of Recon Technology stock opened at $1.59 on Friday. Recon Technology has a 1 year low of $1.26 and a 1 year high of $3.70. The company’s fifty day simple moving average is $1.93 and its 200-day simple moving average is $2.35. The company has a debt-to-equity ratio of 0.02, a quick ratio of 10.64 and a current ratio of 10.67.

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.