StockNews.com Begins Coverage on Recon Technology (NASDAQ:RCON)

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

Recon Technology Price Performance

Shares of Recon Technology stock opened at $1.66 on Friday. Recon Technology has a 1 year low of $1.26 and a 1 year high of $3.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 10.67 and a quick ratio of 10.64. The company’s fifty day moving average is $2.00 and its two-hundred day moving average is $2.39.

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.