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

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

Rubicon Technology Stock Performance

Rubicon Technology stock opened at $1.29 on Friday. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.25. The firm has a market cap of $3.07 million, a P/E ratio of -14.33 and a beta of 0.85. The firm has a 50-day moving average of $1.04 and a 200-day moving average of $0.89.

Rubicon Technology (NASDAQ:RBCN) last released its quarterly earnings data on Wednesday, August 14th. The semiconductor company reported $0.06 earnings per share for the quarter. The business had revenue of $0.56 million during 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.