Recon Technology (NASDAQ:RCON) Research Coverage Started at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Recon Technology (NASDAQ:RCON) in a note issued to investors on Sunday. The brokerage set a “sell” rating on the oil and gas company’s stock.

Recon Technology Price Performance

Shares of RCON stock opened at $1.44 on Friday. Recon Technology has a 1-year low of $1.26 and a 1-year high of $7.38. The stock’s 50-day moving average is $1.54 and its 200 day moving average is $2.66.

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.