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

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

Rubicon Technology Trading Up 5.7 %

RBCN stock opened at $1.30 on Thursday. Rubicon Technology has a 52 week low of $0.43 and a 52 week high of $1.39. The company has a market capitalization of $3.09 million, a price-to-earnings ratio of 6.84 and a beta of 0.85. The firm’s 50-day moving average is $1.28 and its two-hundred day moving average is $1.00.

Rubicon Technology (NASDAQ:RBCN) last released its quarterly earnings results on Wednesday, August 14th. The semiconductor company reported $0.06 EPS 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%.

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.