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

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

Rubicon Technology Stock Up 4.2 %

RBCN opened at $1.30 on Wednesday. The firm has a market capitalization of $3.09 million, a P/E ratio of 6.84 and a beta of 0.85. The firm’s 50 day moving average is $1.26 and its 200-day moving average is $0.98. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $1.39.

Rubicon Technology (NASDAQ:RBCN) last issued its quarterly 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 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.