Recon Technology Stock Analysis

RCON Stock  USD 0.15  0.01  7.14%   
Recon Technology is undervalued with Real Value of 0.61 and Target Price of 2.01. The main objective of Recon Technology stock analysis is to determine its intrinsic value, which is an estimate of what Recon Technology is worth, separate from its market price. There are two main types of Recon Technology's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Recon Technology's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Recon Technology's stock to identify patterns and trends that may indicate its future price movements.
The Recon Technology stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Recon Technology is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Recon Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Recon Technology's ongoing operational relationships across important fundamental and technical indicators.
  
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 tightly coupled 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.

Recon Stock Analysis Notes

The company has price-to-book ratio of 0.34. 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 0.24. The entity last dividend was issued on the 27th of December 2019. The firm had 1:5 split on the 27th of December 2019. 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.

Recon Technology Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Recon Technology's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Recon Technology or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Recon Technology generated a negative expected return over the last 90 days
Recon Technology has high historical volatility and very poor performance
Recon Technology has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 67.11 M. Net Loss for the year was (61.48 M) with profit before overhead, payroll, taxes, and interest of 19.42 M.
Recon Technology currently holds about 332.86 M in cash with (51.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Recon Technology has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Why Salarius Pharmaceuticals Shares Are Trading Higher By Around 31 Here Are 20 Stocks Moving Premarket By ... - Investing.com UK

Recon Technology Upcoming and Recent Events

Earnings reports are used by Recon Technology to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Recon Technology previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of January 2024
Upcoming Quarterly Report
View
30th of September 2023
Next Fiscal Quarter End
View

Recon Largest EPS Surprises

Earnings surprises can significantly impact Recon Technology's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-11-14
2019-09-30-0.3-0.10810.191963 
2019-09-26
2019-06-30-0.55-0.10540.444680 
2019-02-27
2018-12-31-2.01-0.27731.732786 
View All Earnings Estimates

Recon Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Recon Technology is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Recon Technology backward and forwards among themselves. Recon Technology's institutional investor refers to the entity that pools money to purchase Recon Technology's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
We Are One Seven, Llc2023-09-30
0.0
Integrated Wealth Concepts Llc2023-09-30
0.0
Two Sigma Investments Llc2023-12-31
0.0
Hrt Financial Llc2023-09-30
0.0
Sabby Management Llc2023-12-31
3.4 M
Ayrton Capital Llc2023-09-30
568.5 K
Renaissance Technologies Corp2023-12-31
375.7 K
Virtu Financial Llc2023-12-31
31.2 K
Two Sigma Securities, Llc2023-12-31
18.5 K
Geode Capital Management, Llc2023-12-31
15.1 K
Susquehanna International Group, Llp2023-12-31
10.9 K
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 22.02 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Recon Technology's market, we take the total number of its shares issued and multiply it by Recon Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Recon Profitablity

Recon Technology's profitability indicators refer to fundamental financial ratios that showcase Recon Technology's ability to generate income relative to its revenue or operating costs. If, let's say, Recon Technology is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Recon Technology's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Recon Technology's profitability requires more research than a typical breakdown of Recon Technology's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.88) %, 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 (2.47) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $2.47.
Last ReportedProjected for 2024
Return On Capital Employed(0.17)(0.16)
Return On Assets(0.11)(0.13)
Return On Equity(0.13)(0.12)

Management Efficiency

Recon Technology has return on total asset (ROA) of (0.0836) % which means that it has lost $0.0836 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1443) %, 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 29th of March 2024, Return On Capital Employed is likely to grow to -0.16. In addition to that, Return On Assets is likely to drop to -0.13. At this time, Recon Technology's Total Assets are very stable compared to the past year. As of the 29th of March 2024, Other Current Assets is likely to grow to about 64.4 M, while Non Current Assets Total are likely to drop about 24.8 M.
Last ReportedProjected for 2024
Price Book Value Ratio 0.17  0.18 
Enterprise Value Multiple(0.37)(0.38)
Price Fair Value 0.17  0.18 
The analysis of Recon Technology's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Recon Technology's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Recon Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
2.171

Technical Drivers

As of the 29th of March, Recon Technology holds the Variance of 27.23, coefficient of variation of (818.29), and Risk Adjusted Performance of (0.06). 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. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Recon Technology, which can be compared to its competitors. Please check Recon Technology mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Recon Technology is priced some-what accurately, providing market reflects its current price of 0.15 per share. As Recon Technology appears to be a penny stock we also advise to check out its jensen alpha numbers.

Recon Technology Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Recon Technology middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Recon Technology. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Recon Technology Predictive Daily Indicators

Recon Technology intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Recon Technology stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

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.

About Recon Stock Analysis

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.
Last ReportedProjected for 2024
Pretax Profit Margin(1.05)(1.00)
Operating Profit Margin(1.19)(1.13)
Net Loss(1.01)(0.96)
Gross Profit Margin 0.32  0.31 

Current Recon Analysis - Recommendations

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.
Target PriceAdvice# of Analysts
2.01Hold1Odds
Recon Technology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Recon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Recon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Recon Technology, talking to its executives and customers, or listening to Recon conference calls.
Recon Analyst Advice Details

Recon Stock Analysis Indicators

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.
Begin Period Cash Flow317.7 M
Common Stock Shares Outstanding33.9 M
Total Stockholder Equity449.2 M
Tax Provision18.3 K
Property Plant And Equipment Net27.4 M
Cash And Short Term Investments288.3 M
Cash104.1 M
Accounts Payable10.8 M
Net Debt-68.6 M
50 Day M A0.166
Total Current Liabilities61 M
Other Operating Expenses135.1 M
Non Current Assets Total27.4 M
Non Currrent Assets Other3640.00
Stock Based Compensation26.2 M
When determining whether Recon Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Recon Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Recon Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Recon Technology Stock:
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 tightly coupled 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Recon Technology's price analysis, check to measure Recon Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Recon Technology is operating at the current time. Most of Recon Technology's value examination focuses on studying past and present price action to predict the probability of Recon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Recon Technology's price. Additionally, you may evaluate how the addition of Recon Technology to your portfolios can decrease your overall portfolio volatility.
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Is Recon Technology's industry 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
(0.24)
Revenue Per Share
1.978
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.08)
Return On Equity
(0.14)
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.