StockNews.com Initiates Coverage on Recon Technology (NASDAQ:RCON)

Equities researchers at StockNews.com began coverage on shares of Recon Technology (NASDAQ:RCONGet Free Report) in a note issued to investors on Sunday. The firm set a “sell” rating on the oil and gas company’s stock.

Recon Technology Price Performance

Shares of RCON opened at $1.75 on Friday. Recon Technology has a twelve month low of $1.26 and a twelve month high of $7.74. The company’s fifty day simple moving average is $2.33 and its 200-day simple moving average is $3.54.

About Recon Technology

(Get Free Report)

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.

Further Reading

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