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

Analysts at StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a note issued to investors on Saturday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

Shares of NASDAQ RBCN opened at $1.52 on Friday. The firm’s 50-day moving average price is $1.33 and its 200-day moving average price is $1.05. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.02. The firm has a market capitalization of $3.61 million, a P/E ratio of 8.00 and a beta of 0.87.

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