Recon Technology (NASDAQ:RCON) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Recon Technology (NASDAQ:RCON) in a report issued on Sunday. The brokerage issued a sell rating on the oil and gas company’s stock.

Recon Technology Stock Up 1.7 %

NASDAQ RCON traded up $0.03 during trading hours on Friday, reaching $1.75. The company’s stock had a trading volume of 102,953 shares, compared to its average volume of 53,223. The firm’s 50-day moving average price is $2.35 and its 200-day moving average price is $3.57. Recon Technology has a 1 year low of $1.26 and a 1 year high of $7.74.

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.