Recon Technology (NASDAQ:RCON) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Recon Technology (NASDAQ:RCON) in a report published on Thursday morning. The firm issued a sell rating on the oil and gas company’s stock.

Recon Technology Trading Up 1.8 %

NASDAQ:RCON opened at $1.53 on Thursday. The company has a quick ratio of 10.64, a current ratio of 10.67 and a debt-to-equity ratio of 0.02. The company has a 50 day moving average price of $2.07 and a 200 day moving average price of $2.43. Recon Technology has a fifty-two week low of $1.26 and a fifty-two week high of $3.70.

Recon Technology Company Profile

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.