Recon Technology (RCON) Receiving Somewhat Favorable Press Coverage, Analysis Shows

Media coverage about Recon Technology (NASDAQ:RCON) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Recon Technology earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.6469740926473 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

RCON opened at $1.37 on Friday. Recon Technology has a 12 month low of $0.64 and a 12 month 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.

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Recon Technology (NASDAQ:RCON) last announced its earnings results on Friday, February 9th. The oil and gas company reported ($0.10) earnings per share (EPS) for the quarter. Recon Technology had a negative net margin of 50.60% and a negative return on equity of 61.38%. 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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