Recon Technology
RCON
Market cap $97.1M

3.47 USD

+0.08

2.36%

At close Oct 17, 4:00 PM EDT

1 day

2.36%

5 days

11.58%

1 month

16.84%

3 months

122.44%

6 months

93.85%

Year to date

-17.18%

1 year

-38.04%

5 years

-71.93%

About: Recon Technology Ltd is an oilfield service company. The company is engaged in the sale of oilfield automation products, equipment for oil and gas production and transportation, and engineering services. It has four reportable operating segments: Automation Product and Software, Equipment and Accessories, Platform outsourcing services, and Oilfield Environmental Protection. Majority of the firm's revenue comes from the Automation Product and Software segment.

Employees: 188

Energy Oil & Gas Field Services

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2.16% less ownership

Funds ownership: 2.36% [Q1] → 0.2% (-2.16%) [Q2]

73% less funds holding

Funds holding: 11 [Q1] → 3 (-8) [Q2]

95% less capital invested

Capital invested by funds: $496K [Q1] → $22.8K (-$473K) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 8

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for RCON.

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Financial journalist opinion

RCON Stock Dips by 5.41% Amid Latest Financial Data Release

Recon Technology (RCON, Financial) experienced a significant drop of 5.41% in its stock price to $2.80 per share. The trading volume reached 30,236 shares with a turnover rate of 0.11% and an amplitude of 10.81%.

RCON Stock Dips by 5.41% Amid Latest Financial Data Release

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024

BEIJING , June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue w as RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022.

Recon Technology, Ltd Reports Financial Results for the First Six Months of Fiscal Year 2024

Recon Technology Regains Nasdaq Compliance; Hearing Moot

BEIJING , May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards.

Recon Technology Regains Nasdaq Compliance; Hearing Moot

Stock Market Crash Warning: Don't Get Caught Holding These 3 Oil & Gas Stocks

If you've been paying attention to the market, a bearish list on oil and gas stocks might seem odd. Looking at two primary indicators of crude prices — West Texas Intermediate (WTI) and Brent crude oil — prices for the commodity have risen steadily in 2024.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Oil & Gas Stocks

Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal

BEIJING , April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule").

Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal

Recon Technology Announces 1-for-18 Reverse Stock Split

BEIJING , April 25, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that the Company's shareholders approved on March 29, 2024 to effect a reverse stock split of the Company's Class A ordinary shares at the ratio of one-for-eighteen with the market effective date of May 1, 2024.

Recon Technology Announces 1-for-18 Reverse Stock Split

Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials

BEIJING , March 11, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based provider of oilfield services and low-carbon energy services, today announced two recently awarded bids from a newly developed oilfield-industry customer for the supply of electronic components and materials used in oilfield production. The total value of these contracts exceeds US$3 million and represents a significant milestone for the Company.

Recon Technology Secures US$3 Million in Contracts with Newly Developed Customer for Electronic Components and Materials

Recon Technology to Exhibit Plastic Chemical Recycling Solutions at 2024 Plastics Recycling Conference in Texas

BEIJING , March 4, 2024 /PRNewswire/ -- Recon Technology Ltd ("Recon" or the "Company"), a China-based oilfield service provider and low-carbon energy service provider, today announced that it will participate in the 2024 Plastics Recycling Conference in Grapevine, Texas, from March 25th to 27th. At the conference, Recon will showcase its solutions for low value plastic chemical recycling, including its solution on waste plastic collection and treatment, basic processing and techniques, factory construction progress and expected production capacity, and main outputs of the process.

Recon Technology to Exhibit Plastic Chemical Recycling Solutions at 2024 Plastics Recycling Conference in Texas

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