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 hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information solutions. It also provides oil and gas production enhancing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Phone86-10-8494-5799
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$14.91 million
Profitability
Miscellaneous
Employees90
Next Earnings Date2/25/2020 (Estimated)
OptionableNot Optionable
Recon Technology (NASDAQ:RCON) Frequently Asked Questions
What is Recon Technology's stock symbol?
Recon Technology trades on the NASDAQ under the ticker symbol "RCON."
When did Recon Technology's stock split? How did Recon Technology's stock split work?
Shares of Recon Technology reverse split on Friday, December 27th 2019. The 1-5 reverse split was announced on Thursday, December 26th 2019. The number of shares owned by shareholders was adjusted after the market closes on Thursday, December 26th 2019. An investor that had 100 shares of Recon Technology stock prior to the reverse split would have 20 shares after the split.
When is Recon Technology's next earnings date?
What price target have analysts set for RCON?
1 analysts have issued 1 year target prices for Recon Technology's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Recon Technology's share price to reach $10.00 in the next year. This suggests a possible upside of 316.7% from the stock's current price. View Analyst Price Targets for Recon Technology.
What is the consensus analysts' recommendation for Recon Technology?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Recon Technology in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Recon Technology.
Has Recon Technology been receiving favorable news coverage?
News coverage about RCON stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Recon Technology earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Recon Technology.
Are investors shorting Recon Technology?
Recon Technology saw a decrease in short interest in December. As of December 31st, there was short interest totalling 25,700 shares, a decrease of 80.7% from the December 15th total of 133,400 shares. Based on an average daily trading volume, of 47,600 shares, the short-interest ratio is currently 0.5 days. Approximately 0.8% of the shares of the stock are short sold. View Recon Technology's Current Options Chain.
Who are some of Recon Technology's key competitors?
What other stocks do shareholders of Recon Technology own?
Who are Recon Technology's key executives?
Recon Technology's management team includes the folowing people:
- Mr. Shenping Yin, CEO, Principal Exec. Officer & Director (Age 49)
- Ms. Jia Liu, CFO & Company Sec. (Age 36)
- Mr. Guangqiang Chen, CTO & Director (Age 56)
How do I buy shares of Recon Technology?
Shares of RCON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Recon Technology's stock price today?
One share of RCON stock can currently be purchased for approximately $2.40.
How big of a company is Recon Technology?
What is Recon Technology's official website?
How can I contact Recon Technology?
Recon Technology's mailing address is ROOM 1902 BUILDING C KING LONG INTL MANSION NO. 9 FULIN ROAD, BEIJING F4, 100107. The oil and gas company can be reached via phone at 86-10-8494-5799 or via email at [email protected]
MarketBeat Community Rating for Recon Technology (NASDAQ RCON)
MarketBeat's community ratings are surveys of what our community members think about Recon Technology and other stocks. Vote "Outperform" if you believe RCON will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RCON will underperform the S&P 500 over the long term. You may vote once every thirty days.
