Media stories about Recon Technology (NASDAQ:RCON) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Recon Technology earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 45.4875280582287 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of NASDAQ RCON traded up $0.03 during trading on Friday, hitting $1.32. The company had a trading volume of 105,146 shares, compared to its average volume of 141,969. Recon Technology has a fifty-two week low of $0.64 and a fifty-two week high of $5.36. The company has a current ratio of 2.50, a quick ratio of 2.40 and a debt-to-equity ratio of 0.17.
Recon Technology (NASDAQ:RCON) last posted its quarterly earnings results on Friday, February 9th. The oil and gas company reported ($0.10) earnings per share for the quarter. Recon Technology had a negative return on equity of 61.38% and a negative net margin of 50.60%. The business had revenue of $6.31 million for the quarter.
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About Recon Technology
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 develops and sells industrial automation control and information solutions.
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