Recon Technology Announces 1-For-18 Reverse Stock Split
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Recon Technology's (NYSE:RCON) short percent of float has risen 6.06% since its last report. The company recently reported that it has 27 thousand shares sold short, which is 0.35% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.61 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
Recon Technology (NASDAQ:RCON) reported quarterly losses of $(1.16) per share. This is a 792.31 percent decrease over losses of $(0.13) per share from the same period last year. The company reported $6.37 million in sales this quarter. This is a 3.48 percent decrease over sales of $6.60 million the same period last year.
Recon Technology, Ltd. (NASDAQ:RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market.
20-F - Recon Technology, Ltd (0001442620) (Filer)
6-K - Recon Technology, Ltd (0001442620) (Filer)
6-K - Recon Technology, Ltd (0001442620) (Filer)
BEIJING, Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.Gross profit increased to RMB20.9 million ($2.9 million) for the year ended June 30, 2024, from RMB18.9 million ($2.6 million) f
BEIJING, June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022. - Gross profit decreased to RMB12.1 million ($1.7 million) for the six months ended December 31, 2023, from RMB13.1 million ($1.8 million) for the same period in 2022. - Gross mar
BEIJING, Oct. 28, 2022 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2022. Fiscal Year Ended June 30, 2022 Financial Highlight: Total revenue increased by approximately RMB35.9 million ($5.3 million) or 74.8% to RMB83.8 million ($12.5 million) for the year ended June 30, 2022 from RMB47.9 million for the same period in 2021.Gross profit increased to RMB19.4 million ($2.9 million) for the year ended June 30, 2022, from RMB7.2 million for the same period in 2021.G
BEIJING, Oct. 30, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for fiscal year 2024. Fiscal Year Ended June 30, 2024 Financial Highlights: Total revenue increase by approximately RMB1.7 million ($0.2 million) or 2.6% to RMB68.8 million ($9.5 million) for the year ended June 30, 2024 from RMB67.1million ($9.2 million) for the same period in 2023.Gross profit increased to RMB20.9 million ($2.9 million) for the year ended June 30, 2024, from RMB18.9 million ($2.6 million) f
BEIJING, June 28, 2024 /PRNewswire/ -- Recon Technology, Ltd (NASDAQ:RCON) ("Recon" or the "Company"), a China-based independent solutions integrator in the oilfield service and environmental protection, electric power and coal chemical industries, today announced its financial results for the first six months of fiscal year 2024. First Six Months of Fiscal 2024 Financial Highlights: - Total revenue was RMB45.3 million ($6.4 million) for the six months ended December 31, 2023, identical to the same period in 2022. - Gross profit decreased to RMB12.1 million ($1.7 million) for the six months ended December 31, 2023, from RMB13.1 million ($1.8 million) for the same period in 2022. - Gross mar
BEIJING, May 23, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ:RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market. About Recon Technology, Ltd.
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SC 13D - Recon Technology, Ltd (0001442620) (Subject)