NASDAQ:RCON

Recon Technology (RCON) Stock Price, News & Analysis

$1.76
-0.08 (-4.35%)
(As of 04:00 PM ET)
Today's Range
$1.76
$1.88
50-Day Range
$0.09
$3.01
52-Week Range
$1.26
$7.74
Volume
112,732 shs
Average Volume
56,548 shs
Market Capitalization
$4.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
RCON stock logo

About Recon Technology Stock (NASDAQ:RCON)

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. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as improvement techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing techniques; and electronic broken-down services 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; oily sludge disposal solutions; and gas station operation and management solution. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.

RCON Stock Price History

RCON Stock News Headlines

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Recon Technology Ltd Class A
See More Headlines
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Company Calendar

Today
5/10/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RCON
Employees
188
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$67.11 million
Book Value
$28.27 per share

Miscellaneous

Free Float
1,670,000
Market Cap
$4.09 million
Optionable
Optionable
Beta
2.25
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Key Executives

  • Mr. Guangqiang Chen (Age 61)
    Chairman & CTO
    Comp: $770k
  • Mr. Shenping Yin (Age 54)
    Co-Founder, CEO & Director
    Comp: $770k
  • Ms. Jia Liu (Age 41)
    CFO, Company Secretary & Director
    Comp: $222k

RCON Stock Analysis - Frequently Asked Questions

How have RCON shares performed in 2024?

Recon Technology's stock was trading at $4.2030 at the beginning of 2024. Since then, RCON stock has decreased by 58.1% and is now trading at $1.76.
View the best growth stocks for 2024 here
.

Are investors shorting Recon Technology?

Recon Technology saw a decrease in short interest in the month of April. As of April 30th, there was short interest totaling 35,700 shares, a decrease of 76.0% from the April 15th total of 148,800 shares. Based on an average trading volume of 72,900 shares, the short-interest ratio is presently 0.5 days.
View Recon Technology's Short Interest
.

When did Recon Technology's stock split?

Shares of Recon Technology reverse split on Wednesday, May 1st 2024. The 1-18 reverse split was announced on Thursday, April 25th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 30th 2024. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

What other stocks do shareholders of Recon Technology own?
How do I buy shares of Recon Technology?

Shares of RCON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RCON) was last updated on 5/10/2024 by MarketBeat.com Staff

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