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

Equities researchers at StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note issued to investors on Wednesday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Up 1.4 %

Shares of RBCN opened at $1.25 on Wednesday. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $1.39. The stock has a market cap of $2.97 million, a price-to-earnings ratio of 6.57 and a beta of 0.85. The company has a 50-day moving average price of $1.25 and a two-hundred day moving average price of $0.98.

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

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.