Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report released on Sunday morning. The firm issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Rubicon Technology stock opened at $1.37 on Friday. The firm has a market cap of $3.26 million, a PE ratio of 7.26 and a beta of 0.85. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.25. The company’s 50 day moving average is $1.13 and its two-hundred day moving average is $0.93.

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

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.