EPS growth is an important number as it indicates the future prospects of Recon Technology. It is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -17.00 % over the last twelve months. EPS growth is a vital measure of execution of the strategy for Recon Technology since it indicates how well the business is allocating resources to benefit shareholders.



Recon Technology is part of the oil and gas services industry and energy sector. The company CEO is Shenping Yin. Recon Technology provides oilfield specialized equipment, automation systems, tools, chemicals and field services to petroleum companies mainly in the People’s Republic of China.

Previous Intraday Performance:

The RCON shares had a previous change of 2.69% which opened at 1.14 and closed at 1.14. It moved to an intraday high of 1.19 and a low of 1.11.

PR Newswire:  Recon Announces Success of FGS’ Cooperative Promotion Program with PetroChina and Alipay

Historical Performance:

Over the last five trading days, RCON shares returned 4.59% and in the past 30 trading days it returned -9.52%. Over three months, it changed -17.99%. In one year it has changed -37.36% and within that year its 52-week high was 5.36 and its 52-week low was 1.03. RCON stock is 10.68% above its 52 Week Low.

Our calculations result in a 200 day moving average of 1.32 and a 50 day moving average of 1.17. Right now, RCON stock is trading -13.60% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

PR Newswire:  Recon Announces Success of FGS’ Cooperative Promotion Program with PetroChina and Alipay

Liquidity:

The company has a market cap of $21.1m with 18.5m shares outstanding and a float of 18.5m shares. Trading volume was 52,247 shares and has experienced an average volume of 99,961 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Recon Technology was -0.4 which ended on 30th of June 2018.

Below was the last reported quarterly earnings per share:
06-30-2018:  -0.15
03-31-2018:  -0.06
12-31-2017:  -0.10
09-30-2017:  -0.09



Base on our calculations, the intrinsic value per share is 0.32, which means it might overvalued by -253.91%

Indicators Also to Watch:

Based on the latest filings, there is 0.20% of institutional ownership. Short-interest was 0, which was 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.00.

I calculated the beta to be 1.56

PR Newswire:  Hughes Selected by NAVAIR to Support U.S. Coast Guard Airborne Communications for ISR, Humanitarian Aid and Disaster Relief Missions

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is -80.70%, return on assets is -45.69%, profit margin is -53.18%, price-to-sales is 1.87 and price-to-book is 1.87.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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