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 research report sent to investors on Wednesday. The firm issued a sell rating on the oil and gas company’s stock.

Recon Technology Trading Down 3.3 %

Recon Technology stock opened at $2.87 on Wednesday. The business’s 50-day simple moving average is $2.20 and its two-hundred day simple moving average is $2.00. Recon Technology has a fifty-two week low of $1.26 and a fifty-two week high of $7.02.

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.