Recon Technology (RCON) Stock Price, News & Analysis

Company Overview

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. It also provides equipment for oil and gas production and transportation, including heating furnaces and burner, as well as improvement techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing techniques; and electronic broken-down services to resolve block-up and freezing problems. In addition, the company offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. Additionally, the company offers oilfield waste water treatment solutions and related chemicals; oily sludge disposal solutions; and gas station operation and management solution. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.

Key Stats

• Today's Range: $2.06 to $2.15
• 50-Day Range: $2.02 to $3.47
• 52-Week Range: $1.26 to $4.64
• Volume: 1,656 shs
• Average Volume: 38,119 shs
• Market Capitalization: $16.78 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

RCON Stock Analysis - Frequently Asked Questions

How have RCON shares performed this year?

Recon Technology's stock was trading at $4.2030 at the beginning of 2024. Since then, RCON stock has decreased by 49.3% and is now trading at $2.13.
View the best growth stocks for 2024 here.

When did Recon Technology's stock split?

Recon Technology's stock reverse split on Wednesday, May 1st 2024. The 1-18 reverse split was announced on Thursday, April 25th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 30th 2024. An investor that had 100 shares of stock prior to the reverse split would have 6 shares after the split.

Who are Recon Technology's major shareholders?

Recon Technology's top institutional investors include Belvedere Trading LLC (0.21%).

How do I buy shares of Recon Technology?

Shares of RCON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Recon Technology own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Recon Technology investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NIO (NIO), NVIDIA (NVDA), AST SpaceMobile (ASTS) and Meta Platforms (META).

Company Calendar

• Today: 12/22/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NASDAQ:RCON
• CUSIP: N/A
• CIK: 1442620
• Web: www.recon.cn
• Phone: 861084945799
• Fax: 86-10-8494-5792
• Employees: 188
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 10.67
• Quick Ratio: 10.64

Sales & Book Value

• Annual Sales: $68.85 million
• Price / Sales: 0.24
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.58 per share
• Price / Book: 0.25

Miscellaneous

• Outstanding Shares: 7,878,000
• Free Float: 5,675,000
• Market Cap: $16.78 million
• Optionable: Optionable
• Beta: 2.39