StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN – Free Report) in a report issued on Wednesday morning. The firm issued a sell rating on the semiconductor company’s stock.
Rubicon Technology Stock Performance
NASDAQ:RBCN opened at $1.23 on Wednesday. The company has a 50-day moving average of $1.24 and a 200-day moving average of $0.98. 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 $2.93 million, a price-to-earnings ratio of 6.47 and a beta of 0.85.
Rubicon Technology (NASDAQ:RBCN – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The semiconductor company reported $0.06 EPS for the quarter. Rubicon Technology had a net margin of 23.86% and a return on equity of 38.49%. The firm had revenue of $0.56 million during the quarter.
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.
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