Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Rubicon Technology (RBCN) Stock Price
Media coverage about Rubicon Technology (NASDAQ:RBCN) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rubicon Technology earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 45.0537360740518 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, ValuEngine lowered Rubicon Technology from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.
Shares of Rubicon Technology (NASDAQ:RBCN) traded up 0.48% during mid-day trading on Friday, reaching $8.38. The company had a trading volume of 420 shares. The firm has a 50-day moving average of $8.28 and a 200-day moving average of $7.03. The company’s market capitalization is $22.83 million. Rubicon Technology has a 12-month low of $0.46 and a 12-month high of $10.45.
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Rubicon Technology Company Profile
Rubicon Technology, Inc is a vertically integrated, electronic materials provider specializing in monocrystalline sapphire for applications in light-emitting diodes (LEDs), optical systems and specialty electronic devices. The Company’s product lines include sapphire cores; four and six-inch sapphire wafers; four, six, and eight-inch patterned sapphire substrate (PSS) wafers, and optical sapphire components.
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