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

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

Recon Technology Stock Performance

Shares of Recon Technology stock opened at $0.09 on Friday. The business has a 50-day moving average of $2.42 and a 200 day moving average of $3.65. Recon Technology has a 12 month low of $0.07 and a 12 month high of $0.43.

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.