StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

Research analysts at StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note issued on Friday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Trading Up 3.9 %

Shares of NASDAQ RBCN opened at $1.34 on Friday. The stock has a market capitalization of $3.19 million, a PE ratio of 7.05 and a beta of 0.87. The stock’s fifty day simple moving average is $1.29 and its two-hundred day simple moving average is $1.01. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $1.39.

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