RCON - Recon Technology, Ltd.

NasdaqCM - NasdaqCM Delayed Price. Currency in USD
1.34
+0.01 (+0.74%)
At close: 4:00PM EST

1.25 -0.09 (-6.72%)
After hours: 7:58PM EST

Stock chart is not supported by your current browser
Previous Close1.33
Open1.35
Bid1.11 x 2000
Ask1.45 x 300
Day's Range1.25 - 1.47
52 Week Range0.64 - 2.64
Volume747,546
Avg. Volume810,957
Market Cap15.796M
Beta1.96
PE Ratio (TTM)N/A
EPS (TTM)-0.74
Earnings DateFeb 12, 2018 - Feb 16, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire23 days ago

    Recon Announces Strategic Investment

    BEIJING, Nov. 20, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that it has executed a securities purchase agreement (the "Agreement") with Mr. Bi Yongquan ("Mr. Bi"), pursuant to which Mr. Bi has agreed to purchase 3 million restricted ordinary shares (the "Shares") of the Company for an aggregate of $4.8 million (the "Purchase Price"). The Purchase Price is $1.60 per share, a 12.6% premium over the closing price of $1.4027 per share on November 17, 2017. Mr. Bi founded Bo Qi Group in 2009 and now is the chairman of Bo Qi Group, a company focused on the oil and gas industry in China.

  • PR Newswire29 days ago

    Recon Technology Reports Fiscal 2018 First Quarter and First Three Months Financial Results

    Highlighted by Higher Revenues and Operating Margins BEIJING , Nov. 15, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China -based independent ...

  • What Investors Should Know About Recon Technology Ltd’s (RCON) Financial Strength
    Simply Wall St.last month

    What Investors Should Know About Recon Technology Ltd’s (RCON) Financial Strength

    Recon Technology Ltd (NASDAQ:RCON) is a small-cap stock with a market capitalization of USD $10.62M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies,Read More...

  • PR Newswirelast month

    Recon Announces Investment to Expand Services for Oily Sludge Market in Yumen Oilfield

    BEIJING, Nov. 7, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today officially announced the completion of its investment in a new subsidiary, Gansu BHD Environmental Technology Co., Ltd ("Gansu BHD"), which focuses on oilfield sewage treatment and oily sludge disposal projects. The Company now owns 51% of Gansu BHD. With this investment in place, the Company offers a full complement of environmental protection services and products, including R&D, chemical agent production, equipment design, construction and implementation of projects and services, and will also materially enhance the Company's competitiveness in bidding for larger projects.

  • PR Newswirelast month

    Recon Holds Seminar to Promote its Biological Activator Invention

    BEIJING, Oct. 31, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced it held a seminar in its office on October 29, 2017 to communicate with investors, technicians from peer companies and oilfield clients based in Kazakhstan and demonstrate the Company's biological activator for oilfield reinjection water treatment, which is under application for an invention patent. The invention provides an oil field backwater treatment material and a method, mainly comprising nitrate, nitrite, molybdate, imidazoline, corrosion inhibitor and denitrifying bacteria, mixed with liquid with low concentration of nitrate mixture to effectively replace sulfate as electron acceptor and reduce naturally occurring bacteria (Nitrate Reducing Bacteria, or NRB, resulting in the suppression and eventually replacement of the technique by Sulfate Reducing Bacteria, or SRB.

  • SmarterAnalyst2 months ago

    Recon Technology, Ltd. (RCON) Wows Investors With a New $2 Million Deal

    The Chinese business software maker announced that it will provide its proprietary chemical compound agents and microbiological treatment agents and relevant services for oily sewage treatments to Qinghai Oilfield Company, a PetroChina subsidiary. Recon's revenue of the Project is expected to be RMB 13.11 million (approximately USD $2 million) over the course of one year, subject to the quantity of the Products actually used by Qinghai Oilfield. Recon expects to begin recording revenue under the Project in the current quarter.

  • PR Newswire2 months ago

    Recon to Provide Wastewater Treatment Products and Services Totaling $2 million to Qinghai Oilfield

    BEIJING, Oct. 24, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that it will provide its proprietary chemical compound agents and microbiological treatment agents (the "Products") and relevant services for oily sewage treatments to Qinghai Oilfield Company ("Qinghai Oilfield"), a PetroChina Co., Ltd. ("PetroChina") subsidiary (the "Project"). Recon's revenue of the Project is expected to be RMB 13.11 million (approximately USD $2 million) over the course of one year, subject to the quantity of the Products actually used by Qinghai Oilfield. Recon expects to begin recording revenue under the Project in the current quarter. The Project represents a significant increase in size and scope over the Company's previous wastewater treatment agreements.

  • PR Newswire2 months ago

    Recon and BOW Signed Sewage Treatment Strategic Cooperation Agreement

    BEIJING , Oct. 16, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ : RCON), ("Recon" or the "Company"), a China -based independent solutions integrator in the oilfield service, ...

  • Recon Technology Ltd. :RCON-US: Earnings Analysis: 2017 By the Numbers : October 12, 2017
    Capital Cube2 months ago

    Recon Technology Ltd. :RCON-US: Earnings Analysis: 2017 By the Numbers : October 12, 2017

    Categories: Yahoo FinanceGet free summary analysis Recon Technology Ltd. reports financial results for the year ended June 30, 2017. Highlights Gross margins widened from 14.73% to 26.58% compared to the same period last year, operating (EBITDA) margins now -49.55% from -91.17%. Change in operating cash flow of 1,977.64% compared to same period last year is about the ... Read more (Read more...)

  • PR Newswire3 months ago

    Recon Technology Reports Financial Results for Fiscal Year 2017 Highlighted by 40% Revenue Increase Driven by Traditional and Oilfield Waste Water Treatment Business Growth

    BEIJING , Sept. 28, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ:RCON), ("Recon" or the "Company"), a China's leading independent solutions integrator operating in oilfield service, ...

  • Recon Technology Ltd (RCON): Is Oil & Gas Attractive Relative To NasdaqCM Peers?
    Simply Wall St.3 months ago

    Recon Technology Ltd (RCON): Is Oil & Gas Attractive Relative To NasdaqCM Peers?

    Recon Technology Ltd (NASDAQ:RCON), a USD$6.63M small-cap, operates in the oil and gas industry which has endured a continued decline in oil prices since 2014. However, energy-sector analysts are forecastingRead More...

  • PR Newswire3 months ago

    Recon Announces New Contracts for Oil and Gas Internet of Things Production Projects for PetroChina Changqing Oilfield Company

    BEIJING , Sept. 25, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company") , a leading independent solutions integrator in oilfield service, electric ...

  • Why You Need To Look At This Factor Before Buying Recon Technology Ltd (RCON)
    Simply Wall St.3 months ago

    Why You Need To Look At This Factor Before Buying Recon Technology Ltd (RCON)

    If you are a shareholder in Recon Technology Ltd’s (NASDAQ:RCON), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of yourRead More...

  • Recon Technology Ltd. :RCON-US: Earnings Analysis: Q3, 2017 By the Numbers : June 13, 2017
    Capital Cube6 months ago

    Recon Technology Ltd. :RCON-US: Earnings Analysis: Q3, 2017 By the Numbers : June 13, 2017

    Categories: Yahoo FinanceGet free summary analysis Recon Technology Ltd. reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Recon Technology Ltd. – Baker Hughes Incorporated, National Oilwell Varco, Inc. and Schlumberger NV (BHI-US, NOV-US and SLB-US) that have also reported for this period. Highlights Summary numbers: ... Read more (Read more...)

  • PR Newswire6 months ago

    Recon Outlines 2017 Strategy and China Oil and Gas Market Outlook in Open Letter to Shareholders

    BEIJING, June 12, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that the Company's two co-founders, Messers' Shenping Yin (Chairman and Chief Executive Officer) and Guangqiang Chen (Chief Technology Officer and Director) released a Letter to Shareholders updating current activities and outlining the remainder of 2017 in conjunction with the holding of its 2016 Annual Meeting of Stockholders on June 9, 2017 in Beijing, China. The letter is included in its entirety below and on the Company's website at http://www.recon.cn/en/. As Co-Founders of the Company, we felt that it was an appropriate time to explain our current business model, accomplishments to date, and specific trends and topics that are important for investors to properly value Recon. Most importantly, we want to outline our vision for Recon's future as a fully integrated provider of energy solutions throughout China.

  • PR Newswire7 months ago

    Recon Completes an Agreement to Provide Wastewater Treatment Equipment and Solution for a PetroChina Petroleum Refinery

    BEIJING, May 30, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced the Company's affiliate, Beijing BHD Petroleum Technology Co., Ltd. ("BHD") has signed and completed an Agreement ("Agreement") with Beijing OriginWater Purification Engineering Technology Co., Ltd ("BOW Engineering"), a subsidiary of Beijing OriginWater Technology Co. Ltd. (300070.SZ) ("BOW") to cooperate with BOW Engineering to install and provide maintenance and chemical testing services for an all-in-one wastewater treatment equipment package to Golmud Petroleum Refinery, an affiliate of Qinghai Oilfield, a PetroChina Co., Ltd. (PTR) ("PetroChina") subsidiary. Pursuant to the Agreement, Recon will partner with BOW Engineering to provide a complete set of wastewater treatment equipment and service to an upgrade renovation project for Golmud Petroleum Refinery, which is expected to be completed by the end of May 2017 and the Agreement valued at RMB 6.37 million (approximately USD $0.94 million).

  • PR Newswire7 months ago

    Recon Technology Reports Fiscal 2017 Third Quarter and First Nine Months Financial Results

    Highlighted by Higher Revenues and Improved N on GAAP Results BEIJING, May 15, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent ...

  • PR Newswire7 months ago

    Recon Obtains Construction Entry Permit Certificate from a Sinopec Oilfield as Automation System Service Provider

    BEIJING, May 4, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, ...

  • PR Newswire8 months ago

    Recon Technology's Subsidiary Qualifies for Preferential Income Tax Rate After Receiving Renewal of China National High-Tech Enterprise Status

    BEIJING, April 28, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, ...

  • Recon Technology Ltd. :RCON-US: Earnings Analysis: Q2, 2017 By the Numbers : March 20, 2017
    Capital Cube9 months ago

    Recon Technology Ltd. :RCON-US: Earnings Analysis: Q2, 2017 By the Numbers : March 20, 2017

    Categories: Yahoo Finance Get free summary analysis Recon Technology Ltd. reports financial results for the quarter ended December 31, 2016. We analyze the earnings along side the following peers of Recon Technology Ltd. – National Oilwell Varco, Inc., Baker Hughes Incorporated and Schlumberger NV (NOV-US, BHI-US and SLB-US) that have also reported for this period. Highlights Summary numbers: ... Read more (Read more...)

  • PR Newswire10 months ago

    Recon Technology Reports Fiscal 2017 Second Quarter and First Six Months Financial Results

    BEIJING, Feb. 13, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, ...

  • PR Newswire11 months ago

    Recon Technology Confirms Delivery of Furnace Equipment to PetroChina Changqing Oilfield Company for Use In China's Largest Oil Field

    BEIJING, Jan. 23, 2017 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced the recent delivery of furnace equipment to PetroChina Changqing Oilfield Company ("PCOC"), China's largest oilfield company and a subsidiary of PetroChina ("CNPC", NYSE:PTR). In December 2015, Recon qualified as Class A furnace supplier for PetroChina.

  • PR Newswirelast year

    Recon Technology Retains The Equity Group to Provide Investor Relations Services

    BEIJING, Dec. 21, 2016 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced that it has retained The Equity Group Inc. of New York, NY to provide investor relations services.

  • PR Newswirelast year

    Recon Technology Announces Completion of Additional Contracts with PetroChina Changqing Oilfield Company

    BEIJING, Dec. 14, 2016 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today announced the recent completion of contracts entered into in November 2016 with PetroChina Changqing Oilfield Company ("PCOC"), China's largest oil producer and subsidiary of PetroChina ("CNPC"), (NYSE: PTR). Recon was chosen in a highly competitive bidding process based on a combination of its expertise, price, and past successes. This is also a significant headway since the Company was qualified as Class A furnace supplier for PetroChina in December 2015 (for further information, please refer to December 14, 2015, "Recon Technology, Ltd. Subsidiary Qualifies as Class A Furnace Supplier for PetroChina and Inks RMB 3.22 Million (US$0.5 million) Contract").