Rubicon Technology (NASDAQ:RBCN) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued on Sunday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

Shares of Rubicon Technology stock opened at $1.37 on Friday. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.25. The company has a market cap of $3.26 million, a price-to-earnings ratio of 7.26 and a beta of 0.85. The company’s 50-day moving average price is $1.12 and its 200-day moving average price is $0.92.

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