Rubico (NASDAQ:RUBI) Issues Quarterly Earnings Results

Rubico (NASDAQ:RUBI – Get Free Report) posted its earnings results on Thursday. The company reported $6.02 earnings per share for the quarter, Zacks reports.

Rubico Trading Down 9.2%

Shares of RUBI traded down $0.10 during mid-day trading on Thursday, reaching $0.98. The company’s stock had a trading volume of 319,072 shares, compared to its average volume of 139,046. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.11 and a current ratio of 1.14. Rubico has a 12-month low of $0.95 and a 12-month high of $278,947.50. The firm’s 50 day moving average price is $13.61.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered shares of Rubico from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, November 4th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

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Rubico Company Profile

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Rubico Inc. is a provider of shipping transportation services specializing in the ownership of vessels. Rubico Inc. is based in ATHENS, Greece.

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