Rubicon Technology (NASDAQ:RBCN) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note released on Friday. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

NASDAQ RBCN opened at $1.29 on Friday. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.25. The business has a 50 day simple moving average of $1.05 and a 200 day simple moving average of $0.89. The stock has a market cap of $3.07 million, a price-to-earnings ratio of 6.79 and a beta of 0.85.

Rubicon Technology (NASDAQ:RBCN) last issued its quarterly earnings data on Wednesday, August 14th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $0.56 million during the quarter. Rubicon Technology had a net margin of 23.86% and a return on equity of 38.49%.

Rubicon Technology Company Profile

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems in North America, Asia, and internationally. The company offers optical and industrial sapphire products in various shapes and sizes, including sheets, rods, tubes, core, ingots, and prisms for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.