Turtle Beach Launches New Recon 70 Lavender Plus a New Recon 50 in Classic Red Blue for Nintendo Fans
RCON Stock | USD 2.44 0.13 5.63% |
About 55% of Recon Technology's investors are presently thinking to get in. The analysis of overall sentiment of trading Recon Technology stock suggests that some investors are interested at this time. Recon Technology's investing sentiment overview a quick insight into current market opportunities from investing in Recon Technology. Many technical investors use Recon Technology stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Recon |
WHITE PLAINS, N.Y., May 15, 2023 Turtle Beach Recon 70 Lavender Recon 50 RedBlue Availability Announcement
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Recon Technology Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Recon Technology can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Recon Technology Fundamental Analysis
We analyze Recon Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Recon Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Recon Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Revenue
Revenue Comparative Analysis
Recon Technology is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Recon Technology Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Recon Technology stock to make a market-neutral strategy. Peer analysis of Recon Technology could also be used in its relative valuation, which is a method of valuing Recon Technology by comparing valuation metrics with similar companies.
Peers
Recon Technology Related Equities
WYGPY | Worley Parsons | 4.77 | ||||
SAPMF | Saipem SpA | 4.49 | ||||
GEOS | Geospace Technologies | 1.99 | ||||
NGS | Natural Gas | 0.84 | ||||
NR | Newpark Resources | 0.84 | ||||
MRC | MRC Global | 0.07 | ||||
CFWFF | Calfrac Well | 0.35 | ||||
ACDC | ProFrac Holding | 0.66 |
Check out Recon Technology Hype Analysis, Recon Technology Correlation and Recon Technology Performance. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Recon Technology. If investors know Recon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 13.637 | Quarterly Revenue Growth 0.095 | Return On Assets (0.08) | Return On Equity (0.11) |
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.