Stoxline.com

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Stoxline Mobile
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Recon Technology, Ltd. (RCON)

0.3501   -0.012 (-3.21%) 03-20 09:40
Open: 0.3634 Pre. Close: 0.3617
High: 0.3635 Low: 0.35
Volume: 74,570 Market Cap: 12(M)

Technical analysis

as of: 2023-03-20 9:19:07 AM
Overall:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Target: Six months: 1.68     One year: 2.48
Support: Support1: 0.31    Support2: 0.26
Resistance: Resistance1: 1.43    Resistance2: 2.13
Pivot: 1.19
Moving Average: MA(5): 0.62     MA(20): 1.31
MA(100): 1.24     MA(250): 0.96
MACD: MACD(12,26): -0.3     Signal(9): -0.2
Stochastic oscillator: %K(14,3): 1.8     %D(3): 5.2
RSI: RSI(14): 23.8
52-week: High: 2.13  Low: 0.31
Average Vol(K): 3-Month: 889 (K)  10-Days: 3,027 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ RCON ] has closed above bottom band by 12.5%. Bollinger Bands are 385.4% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 11 days. This is a sign that the current trend might continue.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 0.37 - 0.37 0.37 - 0.37
Low: 0.34 - 0.34 0.34 - 0.34
Close: 0.36 - 0.36 0.36 - 0.36

Company Description

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 hardware related to oilfield production and management, and transportation; 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 enhancing 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; and oily sludge disposal solutions. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China.

Headline News

Fri, 17 Mar 2023
Recon Technology Announces Closing of $8 million Registered ... - Galveston County Daily News

Wed, 15 Mar 2023
Recon Technology Ltd. (RCON) Shares Down Despite Recent ... - The News Heater

Wed, 15 Mar 2023
U.S. stocks mixed at close of trade; Dow Jones Industrial Average ... - Investing.com

Wed, 15 Mar 2023
Where Does Recon Technology Ltd (RCON) Stock Fall in the Oil & Gas Equipment & Services Field After It Is Lower By -62.96% This Week? - InvestorsObserver

Wed, 15 Mar 2023
Recon Technology Announces Pricing of $8 million Registered ... - Marketscreener.com

Tue, 14 Mar 2023
Energy Stocks on the Move Tuesday: RCON, BORR, TNP, RECAF, NEXT, BPT, HUSA, VTNR - InvestorsObserver

Financial Analysis

Price to Book Value: Neutral
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Energy
Industry:  Oil & Gas Equipment & Services
Shares Out. 30 (M)
Shares Float 28 (M)
% Held by Insiders 4 (%)
% Held by Institutions 5.3 (%)
Shares Short 1,070 (K)
Shares Short P.Month 592 (K)

Stock Financials

EPS -0.55
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 13.47
Profit Margin (%) 114
Operating Margin (%) -98.3
Return on Assets (ttm) -9.8
Return on Equity (ttm) 26.9
Qtrly Rev. Growth 29
Gross Profit (p.s.) 0.65
Sales Per Share 2.82
EBITDA (p.s.) -2.66
Qtrly Earnings Growth 0
Operating Cash Flow -26 (M)
Levered Free Cash Flow 1 (M)

Stock Valuations

PE Ratio -0.67
PEG Ratio 0
Price to Book value 0.02
Price to Sales 0.12
Price to Cash Flow -0.41

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date 2019-12-26
Ex-Dividend Date Invalid DateTime.
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