Rubicon Technology (NASDAQ:RBCN) Now Covered by StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report released on Saturday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of Rubicon Technology stock opened at $1.52 on Friday. The company’s 50 day moving average price is $1.33 and its two-hundred day moving average price is $1.05. The firm has a market capitalization of $3.61 million, a P/E ratio of 8.00 and a beta of 0.87. Rubicon Technology has a fifty-two week low of $0.43 and a fifty-two week high of $2.02.

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

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.