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

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

Recon Technology Price Performance

Shares of NASDAQ RCON opened at $1.46 on Friday. Recon Technology has a 1 year low of $1.26 and a 1 year high of $7.38. The firm has a 50-day simple moving average of $1.53 and a two-hundred day simple moving average of $2.59.

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.