$RCON breakout $1.93
Nasdaq CM
Website
10-Q 11/14/16
BEIJING, Nov. 14, 2016 /PRNewswire/ --
Revenue grew 117% YoY; gross profit increased 172%
and gross margin improved 280 basis points YoY
Ultra Low Float
Shares Outstanding 6.23M
Float 3.33M
% Held by Insiders 40.45%
% Held by Institutions 0.90%
Shares Short 9.95k
Short Ratio 0.63
Short % of Float 0.30%
Shares Short (prior month) 6.74k
Headlines
and Filings
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. The company offers equipment, tools, and other hardware related to oilfield production and management; and develops and sells industrial automation control and information solutions. It also provides oil and gas production increasing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, Recon Technology, Ltd. offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. The company was incorporated in 2007 and is headquartered in Beijing, the Peoples Republic of China.
Nasdaq CM
Website
10-Q 11/14/16
BEIJING, Nov. 14, 2016 /PRNewswire/ --
Revenue grew 117% YoY; gross profit increased 172%
and gross margin improved 280 basis points YoY
Ultra Low Float
Shares Outstanding 6.23M
Float 3.33M
% Held by Insiders 40.45%
% Held by Institutions 0.90%
Shares Short 9.95k
Short Ratio 0.63
Short % of Float 0.30%
Shares Short (prior month) 6.74k
Headlines
and Filings
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. The company offers equipment, tools, and other hardware related to oilfield production and management; and develops and sells industrial automation control and information solutions. It also provides oil and gas production increasing techniques comprising packers of fracturing; production packers; sand prevention in oil and water wells; water locating and plugging techniques; fissure shaper; fracture acidizing technique; and electronic broken-down service to resolve block-up and freezing problems. In addition, Recon Technology, Ltd. offers automation systems and services, including pumping unit controller that monitors the pumping units and collects data; RTU to monitor natural gas wells and collect gas well pressure data; wireless dynamometers and wireless pressure gauges; electric multi-way valves for oilfield metering station flow control; and natural gas flow computer systems. Further, it provides Recon SCADA oilfield monitor and data acquisition system for supervision and data collection; EPC service of pipeline SCADA system for pipeline monitoring and data acquisition; EPC service of oil and gas wells SCADA system for monitoring and data acquisition of oil wells and natural gas wells; EPC service of oilfield video surveillance and control system to control the oil and gas wellhead and measurement station areas; and technique service for digital oilfield transformation. The company was incorporated in 2007 and is headquartered in Beijing, the Peoples Republic of China.
