Rubicon Technology (NASDAQ:RBCN) Receives New Coverage from Analysts at StockNews.com

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

Rubicon Technology Trading Down 2.4 %

Shares of Rubicon Technology stock opened at $1.23 on Wednesday. The firm has a fifty day simple moving average of $1.24 and a 200-day simple moving average of $0.98. The stock has a market capitalization of $2.93 million, a price-to-earnings ratio of 6.47 and a beta of 0.85. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $1.39.

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