Recon Technology, Ltd. (NASDAQ:RCON – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.21 and traded as low as $1.70. Recon Technology shares last traded at $1.78, with a volume of 51,353 shares trading hands.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Recon Technology in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
View Our Latest Research Report on Recon Technology
Recon Technology Trading Down 4.8%
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.
Further Reading
- Five stocks we like better than Recon Technology
- What is the Nasdaq? Complete Overview with History
- Growth Picks: 3 Low-Cost Stocks That Could Double in Value
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Are These 3 Beaten-Down Stocks Ready to Rebound?
- How to Calculate Return on Investment (ROI)
- Does the Trump-Induced Quantum Stock Rally Have Legs?
Receive News & Ratings for Recon Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Recon Technology and related companies with MarketBeat.com's FREE daily email newsletter.
