Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

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

Rubicon Technology Stock Performance

Shares of RBCN opened at $1.36 on Tuesday. Rubicon Technology has a fifty-two week low of $0.43 and a fifty-two week high of $1.85. The company has a market capitalization of $3.23 million, a price-to-earnings ratio of 7.16 and a beta of 0.85. The firm has a 50-day simple moving average of $1.21 and a 200-day simple moving average of $0.96.

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.