Previous Close | 1.38 |
Open | 1.43 |
Bid | 1.24 x 100 |
Ask | 1.43 x 1000 |
Day's Range | 1.36 - 1.43 |
52 Week Range | 0.64 - 5.36 |
Volume | 33,433 |
Avg. Volume | 382,087 |
Market Cap | 25.227M |
Beta | 2.17 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.85 |
Earnings Date | Feb 12, 2018 - Feb 16, 2018 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
BEIJING , April 9, 2018 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company") , an independent solutions integrator in China's oilfield service, energy and ...
In this analysis, my focus will be on developing a perspective on Recon Technology Ltd’s (NASDAQ:RCON) latest ownership structure, a less discussed, but important factor. Ownership structure has been foundRead More...
Investors are always looking for growth in small-cap stocks like Recon Technology Ltd (NASDAQ:RCON), with a market cap of US$22.37M. However, an important fact which most ignore is: how financiallyRead More...
Highlighted by Sustained Growth of Revenue BEIJING , Feb. 9, 2018 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China -based independent solutions ...
BEIJING, Jan. 31, 2018 /PRNewswire/ -- Recon Technology, Ltd. (RCON), ("Recon" or the "Company"), an independent solutions integrator in China's oilfield service, energy and environment protection industries, today announced it has won several bids totaling approximately RMB 2.5 million, or approximately USD 0.4 million, to procure and import customized instruments and to provide related installation and maintenance services for the coal chemical business of Shenhua Group Corporation Limited ("Shenhua Group") through Shenhua Logistics Group Corporation Limited ("Shenhua Logistics"). Shenhua Group is the largest coal enterprise in China and the largest coal supplier in the world.
BEIJING, Jan. 24, 2018 /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 the closing of its previously announced registered direct offering with institutional investors of 3,592,500 ordinary shares, at a purchase price of $1.66 per share, for aggregate gross proceeds of $5,963,550. Maxim Group LLC acted as sole placement agent for the offering. After deducting the placement agent's commission and other estimated offering expenses payable by Recon, the net proceeds to Recon were approximately $5.4 million.
BEIJING, Jan. 22, 2018 /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, announced today it has entered into a securities purchase agreement with certain accredited investors to purchase $5,963,550 of its ordinary shares in a registered direct offering. Under the terms of the purchase agreement, Recon has agreed to sell 3,592,500 ordinary shares at a price of $1.66 per share. The gross proceeds to Recon are estimated to be $5,963,550 before deducting the placement agent fees and other estimated offering expenses.
BEIJING , Jan. 16, 2018 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a China -based independent solutions integrator in the oilfield service, electric ...
Categories: Yahoo FinanceGet free summary analysis Recon Technology Ltd. reports financial results for the quarter ended September 30, 2017. Highlights Summary numbers: Revenues of USD 1.82 million, Net Earnings of USD -1.01 million. Gross margins widened from 11.37% to 17.20% compared to the same period last year, operating (EBITDA) margins now -54.51% from -67.65%. Change in operating ... Read more (Read more...)
Shenping Yin took the reins as CEO of Recon Technology Ltd’s (NASDAQ:RCON) and grew market cap to $15.32M recently. Recognizing whether CEO incentives are aligned with shareholders is a crucialRead More...
BEIJING , Dec. 20, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China -based independent solutions integrator in the oilfield service, electric ...
BEIJING , Dec. 18, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), a China -based independent solutions integrator in the oilfield service, electric ...
Assessing Recon Technology Ltd’s (NASDAQ:RCON) past track record of performance is a valuable exercise for investors. It enables us to reflect on whether the company has met or exceed expectations,Read More...
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.
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 ...
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...
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.
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.
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.
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.
BEIJING , Oct. 16, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ : RCON), ("Recon" or the "Company"), a China -based independent solutions integrator in the oilfield service, ...
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...)
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 (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...
BEIJING , Sept. 25, 2017 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company") , a leading independent solutions integrator in oilfield service, electric ...