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

StockNews.com started coverage on shares of Recon Technology (NASDAQ:RCON) in a report published on Thursday morning. The firm issued a sell rating on the oil and gas company’s stock.

Recon Technology Stock Down 3.9 %

Shares of RCON stock opened at $1.74 on Thursday. The stock’s fifty day simple moving average is $1.50 and its 200 day simple moving average is $2.17. Recon Technology has a one year low of $1.26 and a one year 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.