Recon Technology Ltd. (RCON)

NASDAQ: RCON · IEX Real-Time Price · USD
0.706
+0.036 (5.36%)
At close: Jun 24, 2022 4:00 PM
0.708
+0.002 (0.283%)
After-hours: Jun 24, 2022 6:14 PM EDT
5.36%
Market Cap 23.86M
Revenue (ttm) 77.18M
Net Income (ttm) 97.46M
Shares Out 33.80M
EPS (ttm) 0.62
PE Ratio 1.14
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 219,795
Open 0.672
Previous Close 0.670
Day's Range 0.672 - 0.710
52-Week Range 0.620 - 4.530
Beta 2.91
Analysts Sell
Price Target n/a
Earnings Date n/a

About RCON

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;... [Read more...]

Industry Energy Equipment & Services
IPO Date Jul 30, 2009
CEO Shenping Yin
Employees 184
Stock Exchange NASDAQ
Ticker Symbol RCON
Full Company Profile

Financial Performance

In 2021, RCON's revenue was $47.94 million, a decrease of -27.10% compared to the previous year's $65.76 million. Losses were -$22.83 million, 18.6% more than in 2020.

Financial Statements

Analyst Forecast

No stock price forecast available yet.

Price Target
0
Analyst Consensus: Sell
Stock Forecasts

News

Recon Receives NASDAQ Notification Regarding Minimum Bid Requirements

BEIJING , June 3, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that on June 1, 2022, it received a letter from The Nasdaq Stock Market LLC ("Nasda...

Recon Announces 3-Year Oily Wastewater Treatment Service Agreement

BEIJING , May 11, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that the mainland China variable interest entity with whom its subsidiary, Recon He...

FGS Announces Strategic Cooperation with China Minsheng Bank Kunming Branch

BEIJING , April 13, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that Future Gas Station (Beijing) Technology Ltd. ("FGS"), a subsidiary of two ma...

Trading Penny Stocks, April 5th, SBFM and TWTR Explode

Here's what you need to know about trading penny stocks on April 5th The post Trading Penny Stocks, April 5th, SBFM and TWTR Explode appeared first on Penny Stocks to Buy, Picks, News and Information | ...

Other symbols: ATERSBFM

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2022

BEIJING, March 30, 2022 /PRNewswire/ -- Recon Technology, Ltd (Nasdaq: RCON) ("Recon" or the "Company"), today announced its financial results for the first six months of Fiscal Year 2022. First Six Mon...

Recon Announces some recent contracts and business progress

BEIJING, March 1, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced several contracts signed recently by its domestic VIE companies and reported the pr...

Recon Announces RMB6.87 Million Metering Instrument Maintenance Contract with a Refining and Chemical Company

BEIJING, Jan. 31, 2022 /PRNewswire/ -- Recon Technology Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its mainland China variable interest entity has entered into a technical servic...

FGS Helps Vehicle Owners Achieve Carbon Neutrality for Refueling in Gas Stations

BEIJING, Jan. 24, 2022 /PRNewswire/ -- Recon Technology Limited ("Recon" o r the "Company") today announced that Future Gas Station (Beijing) Technology Ltd. ("FGS"), a mainland China variable interest ...

Recon Announces Investment to Build an Integrated Solar Storage Charging Network with CNPC Shan Dong Branch

BEIJING, Nov. 22, 2021 /PRNewswire/ -- Recon Technology Limited (NASDAQ: RCON) ("Recon" or the "Company") announced the Company's investment this month in Shandong Zhong You Yun Xin Information Technolo...

Recon Technology, Ltd Reports Financial Results for Fiscal Year 2021

BEIJING, Nov. 15, 2021 /PRNewswire/ -- Recon Technology, Ltd. (Nasdaq: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protecti...

7 Reddit Penny Stocks Dazzling Investors with Low Floats

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Other symbols: BLINDBGIGRVIRSLS

Recon Announces RMB9 Million Contract for Disposal of Oil Sludge from Yumen Oilfield

BEIJING, Sept. 7, 2021 /PRNewswire/ -- Recon Technology Limited (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary, Gansu BHD Environmental Technology Co., Ltd ("Gansu BHD"), ...

Recon Announces RMB4.08 Million Toxic Gas Alarm System Maintenance Contract with CNPC Yunnan Petrochemical

BEIJING, Aug. 23, 2021 /PRNewswire/ -- Recon Technology Limited (NASDAQ: RCON) ("Recon" or the "Company") today announced that through its subsidiary Nanjing Recon Technology Co., Ltd., the Company has ...

Recon Announces FGS Cooperation with G7 IOT to Empower the Logistics Industry with Digital Operation of Fleet Fuel Ma...

BEIJING, July 28, 2021 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary Future Gas Station (Beijing) Technology Company Limited ("FGS")...

3 Short Squeeze Candidates Trading Under $5

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Other symbols: RSLS

Recon Technology Is an Oil and Gas Investment With a Twist

RCON stock is too cheap to ignore and offers exposure not only to the sustainable energy services niche, but also to blockchain technology. The post Recon Technology Is an Oil and Gas Investment With a ...

Recon Announces FGS' Strategic Cooperation with Gao Deng to Deepen ETC Service Market

BEIJING, June 30, 2021 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary Future Gas Station (Beijing) Technology Company Limited ("FGS")...

Time to Do Some Reconnaissance on Recon Technology

RCON stock dove directly into the buy zone, providing a ripe opportunity for energy-segment investors with a surprising blockchain angle. The post Time to Do Some Reconnaissance on Recon Technology appe...

Recon Technology Announces Pricing of $55.0 million Registered Direct Offering

BEIJING, June 14, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today it has entered into a securities purchase agreement with certain accredited invest...

RCON Stock: Why Recon Is Plunging Today Despite Contract News

Today, RCON stock has traded in an absolutely massive range as the meme stock rally in certain stocks appears to be coming to a close. The post RCON Stock: Why Recon Is Plunging Today Despite Contract N...

Where's Recon Technology Stock Headed After Plummeting Friday?

Recon Technology LTD. (NASDAQ:RCON) shares plummeted lower Friday after the company's subsidiary Beijing BHD Petroleum Technology Limited signed two contracts with North China E&P Company.

Recon Updates Progress on its Technology-Driven Solutions for Electric Submersible Progressing Cavity Pump with $5 Mi...

BEIJING, June 11, 2021 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary, Beijing BHD Petroleum Technology Limited, signed two contracts...

The 7 Best Micro-Cap Stocks You Can Buy Now

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Recon Enters into Agreement to Invest in Company Focused on Developing Blockchain-based Sustainable Energy Solutions

BEIJING, June 3, 2021 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") today announced that the Company has entered into a share exchange agreement (collectively, the "Ag...

Recon Announces FGS' Partnership with Ping An WanLiTong and PetroChina to Promote Deep Expansion of Ping An Group's B...

BEIJING, May 25, 2021 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that its subsidiary Future Gas Station (Beijing) Technology Company Limited ("FGS"),...