Rubicon Technology (NASDAQ:RBCN) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report published on Friday. The firm issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

Shares of RBCN opened at $1.75 on Friday. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.02. The stock’s 50 day moving average is $1.31 and its two-hundred day moving average is $1.03. The firm has a market cap of $4.16 million, a P/E ratio of 9.21 and a beta of 0.87.

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

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.