Recon Technology Stock Analysis

Recon Stock Analysis Notes

The company has price-to-book ratio of 0.9. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Recon Technology recorded a loss per share of 0.08. The entity last dividend was issued on the 27th of December 2019. The firm had 1:18 split on the 1st of May 2024. Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the Peoples Republic of China. Recon Technology, Ltd. was incorporated in 2007 and is headquartered in Beijing, the Peoples Republic of China. Recon Technology operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 184 people. To find out more about Recon Technology contact Shenping Yin at 86 10 8494 5799 or learn more at https://www.recon.cn.

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Recon Technology Environmental, Social, and Governance (ESG) Scores

Recon Stock Institutional Investors

Note, although Recon Technology's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Recon Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 62.41 M.

Recon Profitablity

The company has Profit Margin (PM) of (0.72) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (2.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.07.

Management Efficiency

Recon Technology has return on total asset (ROA) of (0.0826) % which means that it has lost $0.0826 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1106) %, meaning that it created substantial loss on money invested by shareholders. Recon Technology's management efficiency ratios could be used to measure how well Recon Technology manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to grow to -0.13. At this time, Recon Technology's Total Assets are very stable compared to the past year. As of the 25th of November 2024, Total Current Assets is likely to grow to about 531.8 M, while Non Current Assets Total are likely to drop about 26.3 M.

Technical Drivers

As of the 25th of November, Recon Technology holds the Coefficient Of Variation of 4351.87, risk adjusted performance of 0.0264, and Semi Deviation of 6.43. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Recon Technology, as well as the relationship between them.

Recon Technology Price Movement Analysis

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Recon Technology Corporate Filings

Recon Technology Forecast Models

Recon Technology's time-series forecasting models are one of many Recon Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Recon Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Recon Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Recon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Recon Technology. By using and applying Recon Stock analysis, traders can create a robust methodology for identifying Recon entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Recon analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Recon analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Recon Technology stock analysis indicators help investors evaluate how Recon Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Recon Technology shares will generate the highest return on investment. By understating and applying Recon Technology stock analysis, traders can identify Recon Technology position entry and exit signals to maximize returns.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Recon Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.

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.