StockNews.com assumed coverage on shares of Recon Technology ( NASDAQ:RCON – Free Report ) in a report released on Monday morning. The firm issued a sell rating on the oil and gas company’s stock.
Recon Technology Trading Down 0.5 % Shares of NASDAQ:RCON opened at $2.12 on Monday.
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’s fifty day moving average is $2.53 and its 200-day moving average is $2.
28. Recon Technology has a 52 week low of $1.26 and a 52 week high of $4.
58. Institutional Investors Weigh In On Recon Technology An institutional investor recently bought a new position in Recon Technology stock. Belvedere Trading LLC purchased a new position in shares of Recon Technology, Ltd.
( NASDAQ:RCON – Free Report ) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,807 shares of the oil and gas company’s stock, valued at approximately $48,000. Belvedere Trading LLC owned approximately 0.
21% of Recon Technology as of its most recent SEC filing. 9.47% of the stock is owned by hedge funds and other institutional investors.
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.
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Recon Technology (NASDAQ:RCON) Now Covered by Analysts at StockNews.com
StockNews.com assumed coverage on shares of Recon Technology (NASDAQ:RCON – Free Report) in a report released on Monday morning. The firm issued a sell rating on the oil and gas company’s stock. Recon Technology Trading Down 0.5 % Shares of NASDAQ:RCON opened at $2.12 on Monday. The company has a debt-to-equity ratio of 0.02, a [...]