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 $2.20 and traded as low as $1.50. Recon Technology shares last traded at $1.51, with a volume of 28,970 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Recon Technology in a research note on Tuesday. They issued a “sell” rating on the stock.
View Our Latest Research Report on RCON
Recon Technology Stock Performance
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.
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