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

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

Recon Technology Stock Performance

Shares of NASDAQ:RCON opened at $3.04 on Monday. The stock’s fifty day simple moving average is $1.87 and its 200-day simple moving average is $2.03. Recon Technology has a 52-week low of $1.26 and a 52-week 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.