Recon Technology (NASDAQ:RCON) Earns Sell Rating from Analysts at StockNews.com

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

Recon Technology Stock Up 4.4 %

Shares of NASDAQ RCON opened at $3.08 on Friday. The company has a fifty day moving average price of $2.55 and a 200 day moving average price of $2.03. Recon Technology has a 1-year low of $1.26 and a 1-year high of $7.02.

About Recon Technology

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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.

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