Recon Technology (NASDAQ:RCON) Now Covered by StockNews.com

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

Recon Technology Trading Down 0.4 %

Shares of RCON stock opened at $1.55 on Tuesday. The firm’s 50-day simple moving average is $1.52 and its 200-day simple moving average is $2.38. Recon Technology has a 1-year low of $1.26 and a 1-year high of $7.20.

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.