Recon Technology Ltd. (RCON): Is it a better investment


Recon Technology Ltd. (NASDAQ:RCON) changes shares on Tuesday trading session, with a change of -1.64% or -$0.02 shares. The trading starts at $1.19 and closed at $1.22 throughout the day. The trading session low price was $1.15 and day high was $1.3001 on Tuesday, August 04. After the session, the Energy sector daily volume shifted to 0.19 million while its average volume is 333.28K. In other hand, the RCON market cap reached to $9.00M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 7.14% and up 7.14% for month. Its quarterly performance was -69.31% below, while its half year performance is down -48.91%. RCON yearly performance stood at negative -67.48% and fall -47.83% for year-to-date. Current recommendation for Recon Technology Ltd. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. RCON EPS (TTM) for 12-month is -0.73. EPS for this year is 66.20%, while for the next year its value is -0.17. Its EPS Q/Q reached 56.70%. It has an EPS of -55.30% down for past five years.

On the other hand, target price ranges from $10.00 – $10.00. Average target price for RCON was reached at $10.00.

The insider ownership moved to 53.60% and institutional holding shifted to 5.90%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for RCON fall -51.66% for period of 200 days. SMA for 50 days was -19.46% which is showing red signal, while SMA-20 was 4.03%. The moving average value for Recon Technology Ltd. (RCON) is 2.0964 and 1.3350 for 200 and 50 days respectively.