InvestorsObserver is giving Recon Technology, Ltd. (RCON) an Analyst Rating Rank of 7, meaning RCON is ranked higher by analysts than 7% of stocks. The average projection by analysts for RCON is $ over the next 12 months and analyst’s classify the stock as a Sell
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Recon Technology, Ltd. Stock Today?
Recon Technology, Ltd. (RCON) stock is lower by -0.87% while the S&P 500 has gained 1.36% as of 9:43 AM on Monday, Jul 6. RCON is down -$0.01 from the previous closing price of $1.15 on volume of 79,060 shares. Over the past year the S&P 500 has risen 6.61% while RCON is down -70.62%. RCON lost -$0.73 per share the over the last 12 months.
