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NASDAQ:RCONRecon Technology Stock Price, Forecast & News

$2.09
-1.61 (-43.51 %)
(As of 05/26/2020 04:00 PM ET)
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Today's Range
$2.01
Now: $2.09
$2.34
50-Day Range
$1.51
MA: $2.94
$4.10
52-Week Range
$1.11
Now: $2.09
$5.55
Volume1.29 million shs
Average Volume80,875 shs
Market Capitalization$9.63 million
P/E RatioN/A
Dividend YieldN/A
Beta3.35
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.61 out of 5 stars


Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:RCON
CUSIPN/A
Phone86-10-8494-5799

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.91 million
Book Value$3.56 per share

Profitability

Miscellaneous

Employees90
Market Cap$9.63 million
Next Earnings DateN/A
OptionableNot Optionable

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Recon Technology (NASDAQ:RCON) Frequently Asked Questions

How has Recon Technology's stock been impacted by COVID-19 (Coronavirus)?

Recon Technology's stock was trading at $1.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RCON stock has increased by 19.4% and is now trading at $2.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When did Recon Technology's stock split? How did Recon Technology's stock split work?

Shares of Recon Technology reverse split on the morning of 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.

Has Recon Technology been receiving favorable news coverage?

Press coverage about RCON stock has trended extremely negative on Wednesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -4.0 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutRecon Technology.

Are investors shorting Recon Technology?

Recon Technology saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 46,100 shares, an increase of 33.2% from the April 30th total of 34,600 shares. Based on an average trading volume of 40,500 shares, the short-interest ratio is currently 1.1 days. Approximately 1.8% of the shares of the company 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 following 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)

What is Recon Technology's stock symbol?

Recon Technology trades on the NASDAQ under the ticker symbol "RCON."

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 $2.09.

How big of a company is Recon Technology?

Recon Technology has a market capitalization of $9.63 million and generates $14.91 million in revenue each year. Recon Technology employs 90 workers across the globe.

What is Recon Technology's official website?

The official website for Recon Technology is www.recon.cn.

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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff

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