Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report sent to investors on Saturday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

NASDAQ:RBCN opened at $1.38 on Friday. The firm has a market capitalization of $3.28 million, a P/E ratio of -15.33 and a beta of 0.85. Rubicon Technology has a one year low of $0.43 and a one year high of $2.25. The company’s 50-day simple moving average is $1.09 and its 200 day simple moving average is $0.91.

Rubicon Technology (NASDAQ:RBCN) last released its earnings results on Wednesday, August 14th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter. The firm 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.