Rubicon Technology (NASDAQ:RBCN) Receives New Coverage from Analysts at StockNews.com

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

Rubicon Technology Stock Up 10.6 %

Shares of NASDAQ:RBCN opened at $1.36 on Tuesday. The firm’s 50 day moving average price is $1.21 and its 200 day moving average price is $0.96. The stock has a market cap of $3.23 million, a price-to-earnings ratio of 7.16 and a beta of 0.85. Rubicon Technology has a fifty-two week low of $0.43 and a fifty-two week high of $1.85.

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 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.