Rubicon Technology (NASDAQ:RBCN) Now Covered by StockNews.com

StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of RBCN stock traded up $0.41 on Friday, hitting $1.75. 5,105 shares of the company’s stock were exchanged, compared to its average volume of 1,012. The company has a 50 day moving average of $1.30 and a 200 day moving average of $1.02. The stock has a market cap of $4.17 million, a P/E ratio of 9.21 and a beta of 0.87. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.02.

Rubicon Technology (NASDAQ:RBCN) last released its 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 for 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.