Recon Technology (RCON) Receiving Somewhat Positive Press Coverage, Analysis Finds

News articles about Recon Technology (NASDAQ:RCON) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Recon Technology earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 46.8639300044382 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Recon Technology (NASDAQ:RCON) traded down $0.04 during mid-day trading on Friday, reaching $1.39. The company’s stock had a trading volume of 1,390,017 shares, compared to its average volume of 621,950. Recon Technology has a 1 year low of $0.64 and a 1 year high of $5.36. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.40 and a current ratio of 2.50. The stock has a market capitalization of $16.71, a P/E ratio of -1.67 and a beta of 2.02.

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Recon Technology Company Profile

Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People’s Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People’s Republic of China companies of Beijing BHD Petroleum Technology Co, Ltd.

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