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 develops and sells industrial automation control and information solutions. It also provides oil and gas production increasing 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 sewage treatment products and services. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:RCON
CUSIPN/A
Phone86-10-8494-5799
Debt
Debt-to-Equity Ratio0.09
Current Ratio4.49
Quick Ratio4.30
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$8.86 million
Price / Sales1.64
Cash FlowN/A
Price / CashN/A
Book Value$0.89 per share
Price / Book1.39
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-4,630,000.00
Net Margins-48.08%
Return on Equity-47.79%
Return on Assets-29.59%
Miscellaneous
Employees83
Outstanding Shares11,690,000
Market Cap$16.13 million
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."
How were Recon Technology's earnings last quarter?
Recon Technology, Ltd. (NASDAQ:RCON) issued its earnings results on Friday, November, 13th. The oil and gas company reported ($1.38) earnings per share (EPS) for the quarter. The oil and gas company earned $3.60 million during the quarter, compared to analyst estimates of $4.30 million. Recon Technology had a negative return on equity of 47.79% and a negative net margin of 48.08%. View Recon Technology's Earnings History.
When is Recon Technology's next earnings date?
What price target have analysts set for RCON?
1 equities research analysts have issued twelve-month price objectives for Recon Technology's shares. Their forecasts range from $2.50 to $2.50. On average, they expect Recon Technology's share price to reach $2.50 in the next year. This suggests a possible upside of 101.6% 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Recon Technology.
Who are some of Recon Technology's key competitors?
Some companies that are related to Recon Technology include Schlumberger (SLB), Halliburton (HAL), Gazprom Neft' PAO (GDR) (GZPFY), Core Laboratories (CLB), Subsea 7 (SUBCY), RPC (RES), Oceaneering International (OII), Liberty Oilfield Services (LBRT), SemGroup (SEMG), Franks International (FI), Mammoth Energy Services (TUSK), C&J Energy Services (CJ), Keane Group (FRAC), Select Energy Services (WTTR) and Superior Energy Services (SPN).
Who are Recon Technology's key executives?
Recon Technology's management team includes the folowing people:
- Mr. Shenping Yin, Chairman & CEO (Age 48)
- Ms. Jia Liu, CFO & Company Sec. (Age 35)
- Mr. Guangqiang Chen, CTO & Director (Age 55)
Has Recon Technology been receiving favorable news coverage?
Press coverage about RCON stock has been trending somewhat positive on Friday, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Recon Technology earned a news impact score of 0.18 on Accern's scale. They also gave headlines about the oil and gas company an impact score of 46.32 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Recon Technology.
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, Scottrade, Fidelity and Charles Schwab.
What is Recon Technology's stock price today?
One share of RCON stock can currently be purchased for approximately $1.24.
How big of a company is Recon Technology?
Recon Technology has a market capitalization of $16.13 million and generates $8.86 million in revenue each year. Recon Technology employs 83 workers across the globe.
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.
