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Recon Technology Ltd provides automation systems, industrial equipment, and support services tailored for the oil and gas industry in China. The company's business spans key segments such as automation products and software, equipment and accessories, oilfield environmental protection, and platform outsourcing services. It generates the majority of its revenue by providing integrated automation services to Chinese petroleum companies at oilfields. Its key products and services include pumping unit controllers, natural gas flow computer systems, wireless dynamometers and wireless pressure gauges, and an oilfield monitor and data acquisition system. The company's operations are centered on servicing upstream clients throughout China, with some broader industrial automation solutions.
Recon Technology Ltd. - Class A trades on the NASDAQ stock market under the symbol RCON.
As of February 26, 2026, RCON stock price climbed to $1.32 with 4,942 million shares trading.
RCON has a market cap of $40.43 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, RCON traded as high as $38.34 and as low as $1.13.
RCON has underperformed the market in the last year with a return of -30.9%, while SPY returned +16.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RCON shares. However, RCON has outperformed the market in the last 3 month and 2 week periods, returning +9.3% and +8.2%, while SPY returned +1.9% and -0.9%, respectively. This indicates RCON has been having a stronger performance recently.
RCON support price is $1.15 and resistance is $1.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RCON shares will trade within this expected range on the day.
