Recon Technology (NASDAQ:RCON) Now Covered by StockNews.com

StockNews.com began 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 Price Performance

RCON stock opened at $1.82 on Friday. The company’s 50-day moving average price is $2.31 and its two-hundred day moving average price is $3.52. Recon Technology has a 12 month low of $1.26 and a 12 month 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.