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

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

Recon Technology Stock Down 1.4 %

RCON stock opened at $1.86 on Friday. Recon Technology has a one year low of $1.26 and a one year high of $3.70. The firm has a 50-day moving average of $1.87 and a two-hundred day moving average of $2.31. The company has a quick ratio of 10.64, a current ratio of 10.67 and a debt-to-equity ratio of 0.02.

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.