In last trading session, Recon Technology, Ltd. (NASDAQ:RCON) saw 1,494,411 shares changing hands with its beta currently measuring 3.13. Company’s recent per share price level of $1.15 trading at -$0.64 or -35.56% at recent trade assigns it a market valuation of $6.41 Million. That current price of RCON’s stock is at a discount of -382.61% from its 52-week high price of $5.55 and is indicating a premium of 3.48% from its 52-week low price of $1.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 260.7 Million shares which gives us an average trading volume of 153.52 Million if we extend that period to 3-months.
For Recon Technology, Ltd. (RCON), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 1 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
Recon Technology, Ltd. (NASDAQ:RCON) trade information
In the face of being in the red today for losing -38.33%, in the last five days RCON remained trading in the green while hitting it’s week-highest on Tuesday, Jun 23 when the stock touched $2.06 price level, adding 45.63% to its value on the day. Recon Technology, Ltd.’s shares saw a change of -51.3% in year-to-date performance and have moved -40.43% in past 5-day. Recon Technology, Ltd. (NASDAQ:RCON) showed a performance of -44.28% in past 30-days. Number of shares sold short was 11.45 Million shares which calculate 0.07 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $10 to the stock, which implies a rise of 769.57% to its current value. Analysts have been projecting $10 as a low price target for the stock while placing it at a high target of $10. It follows that stock’s current price would jump +769.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of 769.57% for stock’s current value.
Recon Technology, Ltd. (RCON) estimates and forecasts
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $12.21 Million for the same. And 1 analysts are in estimates of company making revenue of $3.35 Million in the next quarter that will end in September 01, 2019. Company posted $14.49 Million of sales in current quarter a year earlier. Analysts are expecting this quarter sales to drop by -15.8%.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -55.3% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 66.2% while estimates for its earnings growth in next 5 years are of 0%