Rubicon Technology (NASDAQ:RBCN) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Sunday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

Shares of Rubicon Technology stock opened at $1.37 on Friday. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.25. The stock has a market capitalization of $3.26 million, a price-to-earnings ratio of 7.26 and a beta of 0.85. The company’s 50 day moving average price is $1.12 and its 200-day moving average price is $0.92.

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