-$0.01 (-2.32%)
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Shenping Yin |
| Industry | Oil & Gas Equipment & Services |
| Sector | Energy |
| Current Symbol | RCON |
| CUSIP | G7415M132 |
| CIK | 0001442620 |
| Web | https://www.recon.cn |
| Phone | 86 10 8494 5799 |
| Currency | USD |
| Employees | 188 |
| Country | CN |
Liquidity
| Debt-to-Equity Ratio | 0.08 |
| Payout Ratio | 0.00 |
| Current Ratio | 4.24 |
| Quick Ratio | 4.23 |
| Cash Ratio | 0.92 |
Sales & Book Value
| Annual Sales | $66.29M |
| Price / Sales | 0.81 |
| Cash Flow | -5.65 |
| Price / Cash Flow | -1.66 |
| Price / Book | 0.06 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Neutral |
| Rating Score(0-5) | 3 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-4.68 |
| Trailing P/E Ratio | -0.97 |
| PEG Ratio | -0.01 |
| P/E Growth | -0.01 |
| Net Income | $-42.59M |
| Net Margin | -25.46% |
| Pretax Margin | -27.64% |
| Return on Equity | -5.97% |
| Return on Assets | -5.12% |
Financials Score
| AltmanZ Score | 0.41 |
| Piotroski Score | 2.00 |
| Working Capital | 264.06M |
| Total Assets | 543M |
| Ebit | -42.86M |
| Market Cap | 87.96M |
| Total Liabilities | 91.93M |
About Recon Technology, Ltd. (NASDAQ:RCON) Stock
Recon Technology, Ltd. (RCON) is a company that delivers a comprehensive suite of hardware, software, and field-based services to enterprises operating within China's petroleum exploration and production sector. The company's hardware portfolio encompasses various tools and equipment essential for oilfield production, management, and logistics. Key offerings include specialized equipment for oil and gas production and transport, such as heating furnaces and burners. Recon also provides advanced techniques and components like fracturing and production packers, solutions for sand prevention in wells, water location and plugging, fissure shaping, and fracture acidizing. Additionally, it offers electronic breakdown services to address blockages and freezing issues. Furthermore, Recon engineers ... and markets advanced industrial automation and information management solutions. Its automation systems and services feature pumping unit controllers for monitoring and data acquisition, RTUs for natural gas well surveillance and pressure data collection, wireless dynamometers and pressure gauges, electric multi-way valves for precise oilfield metering station flow regulation, and sophisticated natural gas flow computer systems. A significant part of its portfolio includes SCADA (Supervisory Control and Data Acquisition) systems. This encompasses the Recon SCADA platform for general oilfield monitoring and data collection, EPC (Engineering, Procurement, and Construction) services for pipeline SCADA systems, and EPC services for oil and gas well SCADA systems to oversee operations and gather data from both oil and natural gas wells. The company also implements EPC services for oilfield video surveillance and control, ensuring oversight of wellheads and measurement stations, alongside providing technical consultancy for digital oilfield transformation initiatives. Moreover, Recon addresses environmental concerns by offering oilfield wastewater treatment solutions, complete with necessary chemicals, and specialized services for oily sludge disposal. Established in 2007, Recon Technology, Ltd. maintains its corporate headquarters in Beijing, People's Republic of China.
Recon Receives NASDAQ Notification Regarding Minimum Bid Requirements
2026-05-06 16:00:00
BEIJING, May 6, 2026 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that on May 4, 2026, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days.
Frequently Asked Questions
What is the current Recon Technology, Ltd. (RCON) stock price?
Recon Technology, Ltd.(NASDAQ:RCON) stock price is $0.4298 in the last trading session. During the trading session, RCON stock reached the peak price of $7.16 while $0.38 was the lowest point it dropped to. The percentage change in RCON stock occurred in the recent session was --2.32% while the dollar amount for the price change in RCON stock was -$-0.01.
RCON's industry and sector of operation?
The NASDAQ listed RCON is part of Oil & Gas Equipment & Services industry that operates in the broader Energy sector.
Who are the executives of RCON?
Guangqiang Chen
| Founder, Chairman & Chief Technology Officer
Shenping Yin
| Founder, Chief Executive Officer & Director
Jia Liu
| Chief Financial Officer, Company Secretary & Director
|
|
How many employees does RCON have?
Number of RCON employees currently stands at 188. RCON operates from 1 Shui'an South Street, Beijing, BE 100012, CN.
Link for RCON official website?
Official Website of RCON is: https://www.recon.cn
How do I contact RCON?
RCON could be contacted at phone #86 10 8494 5799 and can also be accessed through its website. RCON operates from 1 Shui'an South Street, Beijing, BE 100012, CN.
How many shares of RCON are traded daily?
The average number of RCON shares traded daily for last 3 months was 50.78K.
What is the market cap of RCON currently?
The market value of RCON currently stands at $13.16M with its latest stock price at $0.4298