Wall Street Zen Downgrades Recon Technology (NASDAQ:RCON) to Sell

Recon Technology (NASDAQ:RCON – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Recon Technology in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Report on Recon Technology

Recon Technology Stock Performance

Shares of RCON opened at $1.25 on Friday. Recon Technology has a one year low of $1.20 and a one year high of $414.58. The company’s fifty day moving average price is $13.99 and its 200 day moving average price is $92.66.

About Recon Technology

(Get Free Report)

Recon Technology, Ltd. is a China-based provider of equipment, technologies and services for the oil and gas industry. The company focuses on automation and production-enhancement solutions used in oilfield operations, including systems designed to improve the efficiency, monitoring and control of petroleum extraction and processing activities.

Its business has included the design, integration and implementation of industrial automation systems, as well as the supply of related equipment and technical services.

Further Reading

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