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

StockNews.com initiated coverage on shares of Recon Technology (NASDAQ:RCON) in a research report released on Sunday. The firm issued a sell rating on the oil and gas company’s stock.

Recon Technology Stock Up 1.7 %

Recon Technology stock traded up $0.03 during trading hours on Friday, reaching $1.75. 102,953 shares of the stock were exchanged, compared to its average volume of 53,223. Recon Technology has a 52-week low of $1.26 and a 52-week high of $7.74. The firm’s 50 day moving average is $2.35 and its 200 day moving average is $3.57.

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.