Favorable News Coverage Somewhat Unlikely to Affect Recon Technology (RCON) Stock Price
News coverage about Recon Technology (NASDAQ:RCON) has trended positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Recon Technology earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned press coverage about the oil and gas company an impact score of 46.0446708976254 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Recon Technology (NASDAQ:RCON) traded up 3.0000% on Friday, hitting $1.0712. The stock had a trading volume of 28,081 shares. The company’s market cap is $10.61 million. Recon Technology has a 52 week low of $0.90 and a 52 week high of $1.93. The stock’s 50-day moving average price is $1.09 and its 200 day moving average price is $1.20.
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About Recon Technology
Recon Technology, Ltd. is a provider of hardware, software and on-site services to companies in the petroleum mining and extraction industry in China, the People’s Republic of China. The Company provides services designed to automate and enhance the extraction of petroleum. The Company controls by contract the People’s Republic of China companies of Beijing BHD Petroleum Technology Co, Ltd.
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