The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -58.42%.However, over the last six months, we can see a stronger performance of -65.93%. Over the last 30 days, the price of RCON has leaped by -30.19%. And in the last five days, it has fallen by -12.05%.
Recon Technology Ltd experienced a rather shaky stock market performance. The highest value in the past year was recorded at $0.43 on 04/27/23 and the lowest value was $0.07 on 04/24/24.
52-week price history of RCON Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Recon Technology Ltd’s current trading price is -77.49% away from its 52-week high, while its distance from the 52-week low is 38.71%. The stock’s price range during this period has varied between$0.07 and $0.43. The Recon Technology Ltd’s shares, which operate in the Energy, saw a trading volume of around 9.71 million for the day, a figure considerably higher than their average daily volume of 0.75 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Recon Technology Ltd (RCON) has experienced a quarterly decline of -55.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.94M and boasts a workforce of 188 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1823, with a change in price of -0.1603. Similarly, Recon Technology Ltd recorded 611,278 in trading volume during the last 100 days, posting a change of -58.27%.
RCON’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for RCON stands at 0.08. Similarly, the long-term debt-to-equity ratio is also 0.00.
RCON Stock Stochastic Average
Recon Technology Ltd’s raw stochastic average for the past 50 days is presently 36.22%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 36.22%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.86% and 14.38%, respectively.
