Shares of Recon Technology (RCON, Financial) saw a notable increase of 5.54%, reaching $3.24 with a trading volume of 2,671 shares. The stock's turnover rate was 0.01% with a price fluctuation of 3.58%.
The latest financial report shows Recon Technology achieved a revenue of $6.25 million. However, the company reported a net loss of $3.12 million, leading to an earnings per share of -$1.14. The gross profit stood at $1.67 million, with a negative P/E ratio of -0.94. Currently, no institutions have provided “Buy,” “Hold,” or “Sell” ratings for RCON.
Within its sector, oil and gas equipment and services, the overall growth was 0.34%. Among its peers, Drilling Tools International Corporation and Solaris Energy Infrastructure, Inc. also posted significant gains. Active stocks with high turnover rates include Landbridge Company Llc, Oil States International, Inc., and another corporation with noted movement from Drilling Tools International Corporation and Expro Group Holdings N.V.
Recon Technology is a prominent oilfield services company specializing in oilfield automation products, transportation equipment, and engineering services. It operates through four main segments: automation products and software, equipment and accessories, platform outsourcing services, and oilfield environmental protection. Most revenue comes from the automation products and software segment.
