Witnessing the stock’s movement on the chart, on Wednesday, Recon Technology Ltd (NASDAQ: RCON) had a quiet start as it plunged -8.20% to $0.10, before settling in for the price of $0.11 at the close. Taking a more long-term approach, RCON posted a 52-week range of $0.11-$0.47.
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It was noted that the giant of the Energy sector posted annual sales growth of 1.72% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 38.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 29.17%. This publicly-traded company’s shares outstanding now amounts to $40.53 million, simultaneously with a float of $39.78 million. The organization now has a market capitalization sitting at $4.04 million. At the time of writing, stock’s 50-day Moving Average stood at $0.1479, while the 200-day Moving Average is $0.2629.
Recon Technology Ltd (RCON) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Equipment & Services industry. Recon Technology Ltd’s current insider ownership accounts for 1.86%, in contrast to 11.14% institutional ownership.
Recon Technology Ltd (RCON) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.42 per share during the current fiscal year.
Recon Technology Ltd’s EPS increase for this current 12-month fiscal period is 29.17% and is forecasted to reach -0.04 in the upcoming year.
Recon Technology Ltd (NASDAQ: RCON) Trading Performance Indicators
Let’s observe the current performance indicators for Recon Technology Ltd (RCON). It’s Quick Ratio in the last reported quarter now stands at 8.16. The Stock has managed to achieve an average true range (ATR) of 0.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42.
In the same vein, RCON’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.25, and analysts are predicting that it will be -0.04 at the market close of one year from today.
Technical Analysis of Recon Technology Ltd (RCON)
Going through the that latest performance of [Recon Technology Ltd, RCON]. Its last 5-days volume of 4.68 million indicated improvement to the volume of 0.59 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 10.49% While, its Average True Range was 0.0217.
Raw Stochastic average of Recon Technology Ltd (RCON) in the period of the previous 100 days is set at 3.88%, which indicates a major fall in contrast to 8.11% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 141.07% that was higher than 81.87% volatility it exhibited in the past 100-days period.
