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

StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report published on Sunday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of NASDAQ RBCN opened at $1.37 on Friday. The stock’s 50 day moving average price is $1.13 and its two-hundred day moving average price is $0.93. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.25. The stock has a market capitalization of $3.26 million, a P/E ratio of 7.26 and a beta of 0.85.

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

About Rubicon Technology

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.