Recon Technology (NASDAQ:RCON) Receiving Somewhat Positive News Coverage, Analysis Finds

News stories about Recon Technology (NASDAQ:RCON) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. 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 news sentiment score of 0.24 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.9996805238299 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Recon Technology (RCON) traded down 12.21% on Tuesday, hitting $1.87. 4,359,462 shares of the stock traded hands. Recon Technology has a 12-month low of $0.64 and a 12-month high of $2.48. The stock has a 50-day moving average price of $1.01 and a 200 day moving average price of $1.12. The stock’s market cap is $18.52 million.

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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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