StockNews.com Begins Coverage on Recon Technology (NASDAQ:RCON)

StockNews.com started coverage on shares of Recon Technology (NASDAQ:RCON – Free Report) in a report issued on Saturday morning. The brokerage issued a sell rating on the oil and gas company’s stock.

Recon Technology Stock Up 7.8 %

NASDAQ RCON opened at $3.45 on Friday. Recon Technology has a 1 year low of $1.26 and a 1 year high of $6.61. The company has a fifty day simple moving average of $2.74 and a 200 day simple moving average of $2.06.

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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