Analysts at StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “sell” rating on the semiconductor company’s stock.
Rubicon Technology Stock Performance
Shares of RBCN opened at $1.26 on Wednesday. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $1.82. The firm has a market cap of $3.00 million, a price-to-earnings ratio of 6.63 and a beta of 0.85. The business’s fifty day moving average is $1.23 and its 200-day moving average is $0.97.
Rubicon Technology (NASDAQ:RBCN – Get Free Report) 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 for the quarter. Rubicon Technology had a return on equity of 38.49% and a net margin of 23.86%.
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.
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