The market performance of Recon Technology Ltd’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $3.70 on 10/14/24, while the lowest value for the same duration was $1.33 on 06/20/24.
52-week price history of RCON Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Recon Technology Ltd’s current trading price is -26.76% away from its 52-week high, while its distance from the 52-week low is 103.76%. The stock’s price range during the 52-week period has remained between $1.33 and $3.70. In the Energy sector, the company’s shares saw a trading volume of around 4.34 million for the day, which was evidently higher than the average daily volume of 15080.0 over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Recon Technology Ltd (RCON) has experienced a quarterly rise of 67.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 75.85M and boasts a workforce of 184 employees.
Making Sense of Trading Volume and Moving Average Data
Examining RCON’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 0.03.
RCON Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 29.67%. However, over the past six months, we’ve seen a weaker performance of 18.08%. The price of RCON fallen by 52.25% over the last 30 days. And in the last five days, it has surged by 29.05%.
