In terms of market performance, Recon Technology Ltd had a fairly even.
52-week price history of RCON Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Recon Technology Ltd’s current trading price is -60.75% away from its 52-week high, while its distance from the 52-week low is 100.71%. The stock’s price range during this period has spanned from $1.40 to $7.16. In the Energy sector, the Recon Technology Ltd’s shares surpassed a trading volume of approximately 1.15 million for the day, which was noticeably higher compared to the average daily volume of 9.0.9 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Recon Technology Ltd (RCON) has experienced a quarterly rise of 49.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 86.06M and boasts a workforce of 184 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.10, with a change in price of +1.30. Similarly, Recon Technology Ltd recorded 581,043 in trading volume during the last 100 days, posting a change of +85.75%.
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 Stochastic Average
Today, Recon Technology Ltd’s raw stochastic average for the past 50 days stands at 18.08%, indicating a rise from the raw stochastic average of the last 20 days, which was 18.08%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.12% and 29.76% respectively.
RCON Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 64.93%. However, over the past six months, we’ve seen a weaker performance of 27.89%. The price of RCON fallen by 8.28% over the last 30 days. And in the last five days, it has surged by 6.04%.
