Recon Technology is a holding company. Through its subsidiaries, Co. provides hardware, software, and on-site services to companies primarily in the petroleum mining and extraction industry in China. Co. provides services designed to automate and improve the extraction of petroleum. Co. serves as the center of strategic management, financial control and human resources allocation for the Beijing BHD Petroleum Technology Co., Ltd. and Nanjing Recon Technology Co., Ltd. Co. provides equipment, tools and other hardware related to oilfield production and management and develops and sells Co.'s own industrial automation control and information solutions. We show 35 historical shares outstanding datapoints in our coverage of RCON's shares outstanding history.
Understanding the changing numbers of RCON shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RCON versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RCON by allowing them to research RCON shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
