Recon Technology (NASDAQ:RCON) Research Coverage Started at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Recon Technology (NASDAQ:RCON) in a note issued to investors on Sunday. The brokerage set a “sell” rating on the oil and gas company’s stock.

Recon Technology Trading Down 4.4 %

Shares of RCON opened at $1.72 on Friday. The firm has a 50-day moving average price of $2.35 and a 200 day moving average price of $3.60. Recon Technology has a 52-week low of $1.26 and a 52-week high of $7.74.

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.