Recon Technology Ltd is an oil & gas equipment & services business based in the US. Recon Technology shares (RCON) are listed on the NASDAQ and all prices are listed in US Dollars. Recon Technology employs 184 staff and has a trailing 12-month revenue of around $77.2 million.
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What's in this guide?
Recon Technology stock price (NASDAQ: RCON)Use our graph to track the performance of RCON stocks over time.
Recon Technology shares at a glance
|Latest market close||$0.66|
|52-week range||$0.50 - $2.72|
|50-day moving average||$0.66|
|200-day moving average||$0.90|
|Wall St. target price||$2.01|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.48|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Recon Technology stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Recon Technology price performance over time
|1 week (2022-09-29)||22.22%|
|1 month (2022-09-06)||4.76%|
|3 months (2022-07-06)||-5.71%|
|6 months (2022-04-06)||-43.59%|
|1 year (2021-10-06)||-73.06%|
|2 years (2020-10-06)||-25.00%|
|3 years (2019-10-04)||0.72|
|5 years (2017-10-06)||1.06|
Is Recon Technology stock undervalued or overvalued?
Valuing Recon Technology stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Recon Technology's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Recon Technology's P/E ratio
Recon Technology's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Recon Technology shares trade at around 1x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Recon Technology financials
|Revenue TTM||$77.2 million|
|Gross profit TTM||$7.2 million|
|Return on assets TTM||-14.94%|
|Return on equity TTM||36.64%|
|Market capitalisation||$20.5 million|
TTM: trailing 12 months
Recon Technology share dividends
We're not expecting Recon Technology to pay a dividend over the next 12 months.
Have Recon Technology's shares ever split?
Recon Technology's shares were split on a 1:5 basis on 27 December 2019. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Recon Technology shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Recon Technology shares which in turn could have impacted Recon Technology's share price.
Recon Technology share price volatility
Over the last 12 months, Recon Technology's shares have ranged in value from as little as $0.5 up to $2.72. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Recon Technology's is 2.7052. This would suggest that Recon Technology's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Recon Technology overview
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.
Frequently asked questionsWhat percentage of Recon Technology is owned by insiders or institutions?
Currently 4.771% of Recon Technology shares are held by insiders and 7.954% by institutions. How many people work for Recon Technology?
Latest data suggests 184 work at Recon Technology. When does the fiscal year end for Recon Technology?
Recon Technology's fiscal year ends in June. Where is Recon Technology based?
Recon Technology's address is: 1 Shui'an South Street, Beijing, China, 100012 What is Recon Technology's ISIN number?
Recon Technology's international securities identification number is: KYG7415M1244 What is Recon Technology's CUSIP number?
Recon Technology's Committee on Uniform Securities Identification Procedures number is: G7415M108
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