Recon Technology (NASDAQ:RCON) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Recon Technology (NASDAQ:RCON) to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Recon Technology in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Recon Technology Stock Performance

NASDAQ:RCON opened at $1.43 on Friday. The firm’s fifty day simple moving average is $45.52 and its 200 day simple moving average is $127.20. Recon Technology has a twelve month low of $1.36 and a twelve month high of $447.98. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.23 and a current ratio of 4.24.

Recon Technology Company Profile

Recon Technology Ltd, through its subsidiaries, specializes in the design, development, manufacturing and sale of nondestructive testing (NDT) equipment and wireless communication products. The company’s NDT portfolio comprises ultrasonic flaw detectors, thickness gauges, phased array systems, eddy current instruments and digital radiography imaging equipment. These solutions enable precision inspection of welds, pipelines, pressure vessels and structural components across a range of industries.

In addition to hardware, Recon Technology provides software for data acquisition, image processing and reporting, as well as calibration, training and technical support services.