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

StockNews.com started coverage on shares of Recon Technology (NASDAQ:RCON) in a report published on Sunday. The brokerage issued a sell rating on the oil and gas company’s stock.

Recon Technology Trading Down 1.4 %

Recon Technology stock opened at $1.86 on Friday. Recon Technology has a twelve month low of $1.26 and a twelve 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 firm’s 50 day moving average price is $1.87 and its two-hundred day moving average price is $2.31.

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.