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

Stock analysts at StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note issued on Thursday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of NASDAQ RBCN opened at $1.30 on Thursday. The stock has a market capitalization of $3.09 million, a P/E ratio of 6.84 and a beta of 0.85. The company has a 50-day moving average price of $1.28 and a 200-day moving average price of $1.00. Rubicon Technology has a 1 year low of $0.43 and a 1 year high of $1.39.

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%.

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.