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

Analysts at StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

RBCN stock opened at $1.38 on Monday. The business’s 50-day moving average is $1.17 and its 200 day moving average is $0.95. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $1.85. The stock has a market cap of $3.28 million, a price-to-earnings ratio of 7.32 and a beta of 0.85.

Rubicon Technology (NASDAQ:RBCN) last issued its quarterly earnings results on Wednesday, August 14th. The semiconductor company reported $0.06 EPS for the quarter. Rubicon Technology had a return on equity of 38.49% and a net margin of 23.86%. The firm had revenue of $0.56 million during the quarter.

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.