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

Analysts at StockNews.com started coverage on shares of Recon Technology (NASDAQ:RCON) in a research note issued on Friday. The brokerage set a “sell” rating on the oil and gas company’s stock.

Recon Technology Stock Up 1.2 %

NASDAQ:RCON opened at $1.66 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 10.64 and a current ratio of 10.67. The company has a fifty day moving average of $2.00 and a two-hundred day moving average of $2.39. Recon Technology has a fifty-two week low of $1.26 and a fifty-two week high of $3.70.

About Recon Technology

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.