Somewhat Positive Press Coverage Somewhat Unlikely to Impact Recon Technology (RCON) Stock Price

Media stories about Recon Technology (NASDAQ:RCON) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Recon Technology earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media coverage about the oil and gas company an impact score of 45.9173440072928 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Recon Technology (RCON) traded down $0.02 during midday trading on Wednesday, reaching $1.29. The company’s stock had a trading volume of 301,500 shares, compared to its average volume of 2,648,527. Recon Technology has a 12-month low of $0.64 and a 12-month high of $5.36. The company has a market capitalization of $15.31, a PE ratio of -1.55 and a beta of 2.02.

Recon Technology (NASDAQ:RCON) last released its earnings results on Wednesday, November 15th. The oil and gas company reported ($0.09) earnings per share for the quarter. Recon Technology had a negative return on equity of 66.12% and a negative net margin of 50.60%. The business had revenue of $1.83 million for the quarter.

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Recon Technology Company Profile

Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People’s Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People’s Republic of China companies of Beijing BHD Petroleum Technology Co, Ltd.

Insider Buying and Selling by Quarter for Recon Technology (NASDAQ:RCON)

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