Recon Technology (NASDAQ:RCON) Research Coverage Started at StockNews.com

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

Recon Technology Trading Up 4.0 %

Recon Technology stock opened at $1.82 on Friday. Recon Technology has a 12-month low of $1.26 and a 12-month high of $7.74. The firm has a 50 day simple moving average of $2.31 and a 200-day simple moving average of $3.52.

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.