The stock of Recon Technology Ltd (RCON) has gone up by 34.83% for the week, with a 49.07% rise in the past month and a 13.93% rise in the past quarter. The volatility ratio for the week is 12.89%, and the volatility levels for the past 30 days are 8.38% for RCON. The simple moving average for the past 20 days is 27.11% for RCON’s stock, with a 5.82% simple moving average for the past 200 days.
Is It Worth Investing in Recon Technology Ltd (NASDAQ: RCON) Right Now?
Moreover, the 36-month beta value for RCON is 1.61. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for RCON is 1.01M and currently, short sellers hold a 0.95% of that float. On May 23, 2025, RCON’s average trading volume was 11.66K shares.
RCON) stock’s latest price update
The stock of Recon Technology Ltd (NASDAQ: RCON) has increased by 25.65 when compared to last closing price of 1.91.Despite this, the company has seen a gain of 34.83% in its stock price over the last five trading days. prnewswire.com reported 2025-03-31 that BEIJING, March 31, 2025 /PRNewswire/ — Recon Technology, Ltd (NASDAQ: RCON) (“Recon” or the “Company”), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2025. First Six Months of Fiscal 2025 Financial Highlights: Total revenue decreased to RMB42.1 million ($5.8 million) for the six months ended December 31, 2024, from RMB45.3 million ($6.2 million) for the same period in 2023.
Analysts’ Opinion of RCON
Many brokerage firms have already submitted their reports for RCON stocks, with Maxim Group repeating the rating for RCON by listing it as a “Buy.” The predicted price for RCON in the upcoming period, according to Maxim Group is $2.50 based on the research report published on June 12, 2018 of the previous year 2018.
RCON Trading at 37.61% from the 50-Day Moving Average
After a stumble in the market that brought RCON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.14% of loss for the given period.
Volatility was left at 8.38%, however, over the last 30 days, the volatility rate increased by 12.89%, as shares surge +44.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.42% upper at present.
During the last 5 trading sessions, RCON rose by +34.83%, which changed the moving average for the period of 200-days by +57.91% in comparison to the 20-day moving average, which settled at $1.8900. In addition, Recon Technology Ltd saw 14.83% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for RCON
Current profitability levels for the company are sitting at:
- -1.05 for the present operating margin
- 0.31 for the gross margin
The net margin for Recon Technology Ltd stands at -0.57. The total capital return value is set at -0.14. Equity return is now at value -10.48, with -9.35 for asset returns.
Based on Recon Technology Ltd (RCON), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -1.09. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -43.19.
Currently, EBITDA for the company is -50.37 million with net debt to EBITDA at 1.2. When we switch over and look at the enterprise to sales, we see a ratio of 6.09. The receivables turnover for the company is 0.77for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.19.
Conclusion
To wrap up, the performance of Recon Technology Ltd (RCON) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
