It is Poised to be a Bull Market for Recon Technology Ltd (RCON)

With 0.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 89400.0 shares. During the session, the Oil & Gas Equipment & Services company that operates in wider Energy sector, reached to the highest price of $2.5163 whereas the lowest price it dropped to was $2.07. The 52-week range on RCON shows that it touched its highest point at $3.70 and its lowest point at $1.33 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at 1.65.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RCON was up-trending over the past week, with a rise of 21.57%, but this was up by 20.98% over a month. Three-month performance surged to 55.97% while six-month performance rose 15.60%. The stock gained 75.89% in the past year, while it has gained 18.66% so far this year. A look at the trailing 12-month EPS for RCON yields -0.57 with Next year EPS estimates of -1.11.

Float and Shares Shorts:

At present, 2.25 million RCON shares are outstanding with a float of 1.01 million shares on hand for trading. On 2025-05-30, short shares totaled 5573.0, which was 2.0 higher than short shares on 1745971200. In addition to Mr. Guangqiang Chen as the firm’s Chairman & CTO, Mr. Shenping Yin serves as its Founder, CEO & Director.

Institutional Ownership:

Through their ownership of 0.0070700003 of RCON’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.76135 being high and -$2.76135 being low. For RCON, this leads to a yearly average estimate of -$2.76135. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.

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