In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on Recon Technology (RCON – Research Report). The company’s shares opened today at $0.23.
According to TipRanks, Sullivan is a 5-star analyst with an average return of 14.0% and a 43.16% success rate. Sullivan covers the Industrials sector, focusing on stocks such as Performance Shipping, Globus Maritime, and EuroDry.
Recon Technology has an analyst consensus of Hold.
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The company has a one-year high of $2.13 and a one-year low of $0.23. Currently, Recon Technology has an average volume of 179.9K.
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Recon Technology (RCON) Company Description:
Recon Technology Ltd. engages in the development and marketing of oilfield equipment, automation systems, tools, chemicals, and field services to petroleum firms. It operates through the following segments: Automation Product and Software, Equipment and Accessories, and Oilfield Environmental Protection. The company was founded by Guang Qiang Chen, Hong Qi Li, and Shen Ping Yin on August 21, 2007 and is headquartered in Beijing, China.
