Recon Technology (NASDAQ:RCON) Coverage Initiated by Analysts at StockNews.com

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

Recon Technology Stock Down 3.4 %

RCON stock opened at $1.73 on Wednesday. The firm has a fifty day moving average price of $2.16 and a 200 day moving average price of $2.48. Recon Technology has a fifty-two week low of $1.26 and a fifty-two week high of $3.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 10.67 and a quick ratio of 10.64.

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.