Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People's Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People's Republic of China companies of Beijing BHD Petroleum Technology Co., Ltd. (BHD) and Nanjing Recon Technology Co., Ltd. It serves as the center of strategic management, financial control and human resources allocation for the Domestic Companies. Through its contractual relationships with the Domestic Companies, it provides equipment, tools and other hardware related to oilfield production and management, and develops and sells its specialized industrial automation control and information solutions. Its products and services include Equipment for Oil and Gas Production and Transportation, Oil and Gas Production Improvement Techniques, and Automation System and Service.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil Related Services and Equipment - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:RCON
- CUSIP: N/A
- Web: www.recon.cn
Capitalization:- Market Cap: $7.51 million
- Outstanding Shares: 9,902,000
Average Prices:- 50 Day Moving Avg: $1.10
- 200 Day Moving Avg: $1.23
- 52 Week Range: $0.90 - $1.93
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $7.38 million
- Price / Sales: 1.46
- Book Value: $0.58 per share
- Price / Book: 1.87
Profitability:- EBIDTA: ($5,210,000.00)
- Net Margins: -75.99%
- Return on Equity: -60.06%
- Return on Assets: -36.19%
Debt:- Current Ratio: 2.64%
- Quick Ratio: 2.54%
Misc:- Average Volume: 29,522 shs.
- Beta: 1.95
- Short Ratio: 2.59
Frequently Asked Questions for Recon Technology (NASDAQ:RCON)
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 quarterly earnings results on Friday, November, 13th. The company reported ($1.38) earnings per share (EPS) for the quarter. The business earned $3.60 million during the quarter, compared to analyst estimates of $4.30 million. Recon Technology had a negative net margin of 75.99% and a negative return on equity of 60.06%. View Recon Technology's Earnings History.
When will Recon Technology make its next earnings announcement?
Who are some of Recon Technology's key competitors?
Some companies that are related to Recon Technology include Rentech (RTK), Superior Drilling Products (SDPI), Gevo (GEVO), Real Goods Solar (RGSE), Vantage Drilling (VTGDF), U.S. Energy Corp. (USEG), Triangle Petroleum (TPLM), Black Ridge Oil & Gas (ANFC), Cardinal Energy Group (CEGX), New Western Energy Corp. (NWTR), Atlas Resource Partners, L.P. (ARP), C&J Energy Services (CJES), Forbes Energy Services (FES), Glori Energy Inc Com (GLRI), GulfMark Offshore (GLF), Peabody Energy (BTUUQ), Technip SA (TKPPY) and Ultra Petroleum Corp (UPLMQ).
Who are Recon Technology's key executives?
Recon Technology's management team includes the folowing people:
- Shenping Yin, Chief Executive Officer, Director
- Jia Liu, Chief Financial Officer
- Guangqiang Chen, Chief Technology Officer, Director
- Jijun Hu, Independent Director
- Nelson N. S. Wong, Independent Director
- Shudong Zhao, Independent Director
How do I buy Recon Technology stock?
Shares of Recon Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Recon Technology's stock price today?
One share of Recon Technology stock can currently be purchased for approximately $1.09.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Recon Technology (NASDAQ:RCON) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Recon Technology (NASDAQ:RCON)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Recon Technology (NASDAQ:RCON)Earnings History by Quarter for Recon Technology (NASDAQ RCON)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 9/26/2017 | | | | | | | N/A |  |
| 11/13/2015 | Q315 | | ($1.38) | $4.30 million | $3.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Recon Technology (NASDAQ:RCON)No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Recon Technology (NASDAQ:RCON)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Recon Technology (NASDAQ:RCON)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Recon Technology (NASDAQ:RCON)
Latest Headlines for Recon Technology (NASDAQ:RCON)
| Source: |
|
| Date | Headline |
|---|
 | Recon Technology Ltd. :RCON-US: Earnings Analysis: Q3, 2017 By the Numbers : June 13, 2017
finance.yahoo.com - June 13 at 10:06 AM |
| Recon Outlines 2017 Strategy and China Oil and Gas Market Outlook in Open Letter to Shareholders
finance.yahoo.com - June 12 at 7:05 PM |
| Recon Completes an Agreement to Provide Wastewater Treatment Equipment and Solution for a PetroChina Petroleum Refinery
finance.yahoo.com - May 30 at 9:35 AM |
 | EARNINGS SUMMARY: Details of Recon Technology Ltd. Q3 Earnings Report
www.rttnews.com - May 17 at 8:03 AM |
| Recon Technology Reports Fiscal 2017 Third Quarter and First Nine Months Financial Results
finance.yahoo.com - May 15 at 9:40 AM |
 | Recon Obtains Construction Entry Permit Certificate from a Sinopec Oilfield as Automation System Service Provider
www.prnewswire.com - May 4 at 7:43 PM |
| Recon Technology's Subsidiary Qualifies for Preferential Income Tax Rate After Receiving Renewal of China National High-Tech Enterprise Status
finance.yahoo.com - April 28 at 3:28 PM |
 | Recon Technology (RCON) Earning Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 13 at 7:47 PM |
| Recon Technology Reports Fiscal 2017 Second Quarter and First Six Months Financial Results
finance.yahoo.com - February 13 at 8:52 AM |
 | 8:32 am Recon Technology received an Authorization Letter from ABB (ABB) that provides it with the ability to participate in bidding for various projects in the future, including automation system products
us.rd.yahoo.com - February 7 at 12:36 AM |
| Recon Technology Receives Qualification Approval from ABB, allowing it to Bid on Automation System Products Projects
finance.yahoo.com - February 6 at 8:49 AM |
| Recon Technology Confirms Delivery of Furnace Equipment to PetroChina Changqing Oilfield Company for Use In China's Largest Oil Field
finance.yahoo.com - January 23 at 9:11 AM |
| Recon Technology Retains The Equity Group to Provide Investor Relations Services
finance.yahoo.com - December 21 at 8:37 AM |
| 8:31 am Recon Technology announces a patent for its proprietary Oilfield Wastewater Treatment Device by China's State Intellectual Property Office
finance.yahoo.com - December 6 at 7:07 PM |
| Recon Technology Receives Patent for Oilfield Wastewater Treatment Device
finance.yahoo.com - December 6 at 9:03 AM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Other Events
biz.yahoo.com - November 25 at 12:17 PM |
| Recon Technology, Ltd. Reports First Quarter Fiscal Year 2017 Financial Results
finance.yahoo.com - November 14 at 11:11 AM |
| RECON TECHNOLOGY, LTD Files SEC form 10-K, Annual Report
biz.yahoo.com - September 28 at 6:44 PM |
| Recon Technology Reports its Operation Results for Fiscal Year 2016
finance.yahoo.com - September 28 at 12:13 PM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - July 28 at 11:11 AM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - July 7 at 6:02 AM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Shareholder Director Nominations
biz.yahoo.com - May 27 at 5:14 PM |
 | Recon Technology Q3 Loss Widens
www.nasdaq.com - May 17 at 1:52 AM |
| Recon Technology, Ltd. Reports Fiscal Year 2016 Third Quarter Financial Results
finance.yahoo.com - May 16 at 6:30 PM |
| Recon Technology, Ltd. (RCON)
finance.yahoo.com - February 20 at 11:20 AM |
| EARNINGS SUMMARY: Details of Recon Technology Ltd. Q2 Earnings Report
www.rttnews.com - February 16 at 11:09 AM |
| Recon Technology, Ltd. Reports Fiscal Year 2016 Second Quarter Financial Results
finance.yahoo.com - February 16 at 6:30 AM |
| Recon Technology, Ltd. Subsidiary Receives Two More Orders from PetroChina's Oilfield Companies
finance.yahoo.com - February 2 at 6:30 AM |
| Recon Technology, Ltd. Subsidiary Qualifies as a Supplier of Major State-Owned Electric Companies, Allowing it to Bid on Projects
finance.yahoo.com - January 20 at 6:30 AM |
 |
www.thestreet.com - January 12 at 7:15 AM |
| Recon Technology, Ltd. Signs Agreement with PetroChina's Qinghai Oilfield to Sell Chemicals Used for Wastewater Treatment
finance.yahoo.com - January 12 at 6:30 AM |
| Recon Technology, Ltd. Subsidiary Qualifies as Class A Furnace Supplier for PetroChina and Inks RMB 3.22 Million (US$0.5 million) Contract
finance.yahoo.com - December 14 at 6:30 AM |
| RECON TECHNOLOGY, LTD Financials
finance.yahoo.com - December 8 at 1:18 PM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme
biz.yahoo.com - December 7 at 5:28 PM |
| Recon Technology, Ltd. Announces Acquisition of New Business to Expand Service Chain and Strengthen its Operation in West China
finance.yahoo.com - December 7 at 6:30 AM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Unregistered Sale of Equity Securities
biz.yahoo.com - November 25 at 3:58 PM |
| RECON TECHNOLOGY, LTD Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 13 at 3:29 PM |
| Recon Technology, Ltd. Reports Fiscal Year 2016 First Quarter Financial Results
finance.yahoo.com - November 13 at 6:30 AM |
| RECON TECHNOLOGY, LTD Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh
biz.yahoo.com - September 25 at 8:08 AM |
| Recon Technology, Ltd. Reports Fiscal Year 2015 Financial Results
finance.yahoo.com - September 25 at 7:57 AM |
| Recon Technology to Collaborate with a Premier University in Nanjing
finance.yahoo.com - August 6 at 6:30 AM |
| Recon Technology Enters into Memorandum of Understanding to Acquire an Oilfield Service Company in Qinghai
finance.yahoo.com - July 29 at 6:30 AM |
| CEO of Recon Technology Featured in Wall Street Journal Article
finance.yahoo.com - June 17 at 6:30 AM |
| One Factor Bringing Recon Technology (RCON) Stock Up Today
www.thestreet.com - June 10 at 12:13 PM |
Recon Technology (RCON) Chart for Thursday, July, 27, 2017
