Shares of Recon Technology (RCON, Financial) experienced a notable movement, with the stock price soaring by 6.10%. The current trading price is $3.13 per share, with a trading volume of 11,017 shares. The stock's turnover rate stands at 0.04%, and it has a volatility of 9.49%.
Recent financial data reveals that Recon Technology reported a revenue of $6.25 million, a net loss of $3.12 million, and an earnings per share (EPS) of -$1.14. The company's gross profit was $1.67 million, and its price-to-earnings (P/E) ratio is -0.90. Currently, there are no institutional ratings for this stock.
In the broader oil and gas equipment and services sector, where Recon Technology operates, the overall increase was 1.04%. Notable stocks in this sector include Smart Sand, Inc., Kodiak Gas Services, Inc., and Enservco Corporation. Recon Technology showed significant volatility at 10.51%.
Recon Technology primarily provides oilfield services and focuses on oilfield automation products, oil and gas production equipment, and related engineering services. The company operates through four main segments: automation products and software, equipment and accessories, platform outsourcing services, and oilfield environmental protection. The majority of its revenue is generated from the automation products and software segment.
