How to Buy Recon Technology Stock
Recon Technology Ltd
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China.
Recon Technology stock last closed at $1.75, up 1.74% from the previous day, and has decreased 22.91% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.38 percentage points. Recon Technology stock is currently +25% from its 52-week low of $1.40, and -75.56% from its 52-week high of $7.16.
At the moment, there are 30.63M RCON shares outstanding. The market capitalization of RCON is $53.60M. In the past 24 hours, 12,200 RCON shares were traded.
How to Buy Recon Technology Stock
Not sure how to invest in Recon Technology stock? Here's how.
- Decide where to buy Recon Technology stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Recon Technology stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your details.
- Research Recon Technology stock: The Recon Technology ticker symbol is RCON. Is Recon Technology stock a good investment? Should you buy shares of RCON? How do RCON's underlying business fundamentals look? Do top analysts think Recon Technology is a good buy? Why has RCON's stock price moved recently? (Hint: Our stock market research website can help you understand if RCON is a good stock to buy).
- Place your RCON trade: Decide if you will purchase RCON shares at the current market price or use a limit order to buy RCON shares at a particular price.
- Get the latest scoop on your RCON position: Create a watchlist to important updates regarding your investment in Recon Technology stock.
Step 1: Decide where to buy Recon Technology stock
You need a brokerage account to access the NASDAQ market and buy RCON shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you can buy RCON stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on investing apps, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your investment account.
Step 4: Research Recon Technology stock
Once you have decided on the best place to buy Recon Technology stock, it's crucial to evaluate their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Recon Technology Numbers
Fundamentals of Recon Technology
WallStreetZen was designed to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on RCON's stock page.
Is RCON stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RCON's true value.
Using relative valuations measures:
- RCON could be undervalued based on its P/B ratio of 0.82x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.22x
You can do more valuation analysis on RCON's stock here.
How do RCON Financials look?
Positive Health Checks:
- RCON has $34.28M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.14M.
- Total RCON debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the RCON balance sheet.
- RCON has cash burn of 6138214. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the RCON balance sheet.
- RCON has a low debt to equity ratio of 0.15.
Negative Health Checks:
- RCON profit margin has gone up by 0.08 percentage points in the past year, but the company is still unprofitable.
You can dive deeper into what analysts are projecting on the Recon Technology stock forecast page.
RCON Momentum
RCON Growth Metrics
Last year, RCON revenue was $9.31M. Over the past 5 year, RCON's revenue has gone up by -0.09% per year. This was slower than the Oil & Gas Equipment & Services industry average of 14.72%.
Find out more about RCON's earnings and revenue performance here.
Latest Insiders Trades at RCON
In the past year, insiders at RCON have not bought or sold any shares.
Learn more about who owns RCON shares here.
Can I get consistent income from RCON stock?
No, Recon Technology doesn't provide an income stream by paying out dividends.
What others are saying about RCON
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your RCON trade
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your RCON position
Now that you own some RCON shares, you'll want to keep up with your new company.
Make a watchlist to track the latest developments regarding your RCON stock.
RCON Feed
How to Buy Stock in Recon Technology
To reiterate, here are the 6 steps you need to take to buy Recon Technology stock right now:
- Decide where to buy Recon Technology stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Recon Technology stock
- Place your RCON trade
- Get the latest scoop on your RCON position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Recon Technology, create a watchlist today.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.