Recon Technology Stock Probability of Future Stock Price Finishing Under 1.96
| RCON Stock | USD 2.58 0.09 3.61% |
Recon Technology Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Recon Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Recon Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Recon Technology is way too risky over 90 days horizon | |
| Recon Technology appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 68.85 M. Net Loss for the year was (49.87 M) with profit before overhead, payroll, taxes, and interest of 22.26 M. | |
| Recon Technology currently holds about 332.86 M in cash with (43.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Recon Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Recon Technology Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Recon Stock often depends not only on the future outlook of the current and potential Recon Technology's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Recon Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 7.4 M | |
| Cash And Short Term Investments | 198.1 M |
Recon Technology Technical Analysis
Recon Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Recon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Recon Technology. In general, you should focus on analyzing Recon Stock price patterns and their correlations with different microeconomic environments and drivers.
Recon Technology Predictive Forecast Models
Recon Technology's time-series forecasting models is one of many Recon Technology's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Recon Technology's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Recon Technology
Checking the ongoing alerts about Recon Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Recon Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Recon Technology is way too risky over 90 days horizon | |
| Recon Technology appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 68.85 M. Net Loss for the year was (49.87 M) with profit before overhead, payroll, taxes, and interest of 22.26 M. | |
| Recon Technology currently holds about 332.86 M in cash with (43.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Recon Technology has a frail financial position based on the latest SEC disclosures | |
| Roughly 24.0% of the company outstanding shares are owned by corporate insiders |
Check out Recon Technology Backtesting, Recon Technology Valuation, Recon Technology Correlation, Recon Technology Hype Analysis, Recon Technology Volatility, Recon Technology History as well as Recon Technology Performance. To learn how to invest in Recon Stock, please use our How to Invest in Recon Technology guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Recon Technology. If investors know Recon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Recon Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Recon Technology is measured differently than its book value, which is the value of Recon that is recorded on the company's balance sheet. Investors also form their own opinion of Recon Technology's value that differs from its market value or its book value, called intrinsic value, which is Recon Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Recon Technology's market value can be influenced by many factors that don't directly affect Recon Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Recon Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Recon Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Recon Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.