Recon Technology (NASDAQ:RCON) Coverage Initiated by Analysts at StockNews.com

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

Recon Technology Stock Performance

RCON stock opened at $0.11 on Friday. The firm has a 50 day moving average of $0.15 and a 200-day moving average of $0.21. Recon Technology has a 12 month low of $0.09 and a 12 month high of $0.45.

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.