Shares of Recon Technology, Ltd. (NASDAQ:RCON – Free Report) are scheduled to reverse split on Wednesday, May 1st. The 1-18 reverse split was announced on Thursday, April 25th. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 30th.
Recon Technology Trading Up 11.0 %
Shares of RCON stock opened at $0.09 on Friday. Recon Technology has a 12 month low of $0.07 and a 12 month high of $0.43. The firm has a fifty day moving average price of $0.14 and a 200 day moving average price of $0.21.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Recon Technology in a research report on Saturday. They set a “sell” rating for the company.
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.
Recommended Stories
- Five stocks we like better than Recon Technology
- About the Markup Calculator
- 3 Stocks Leading the U.S. Agriculture Comeback
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- How to Use Put Debit Spreads to Profit From Falling Stocks
- What Are Dividend Challengers?
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Recon Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Recon Technology and related companies with MarketBeat.com's FREE daily email newsletter.
