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

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

Recon Technology Stock Up 1.2 %

Shares of RCON opened at $1.66 on Friday. 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 firm has a fifty day simple moving average of $2.00 and a two-hundred day simple moving average of $2.39. Recon Technology has a 1-year low of $1.26 and a 1-year high of $3.70.

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.