Recon Technology (NASDAQ:RCON) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Recon Technology (NASDAQ:RCON) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the oil and gas company’s stock.

Recon Technology Stock Up 6.6 %

Recon Technology stock opened at $3.06 on Wednesday. The firm’s fifty day moving average is $2.23 and its 200 day moving average is $2.01. Recon Technology has a 52-week low of $1.26 and a 52-week high of $7.02.

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.