Tuesday, June 19, 2018

Rubicon Technology (RBCN) Getting Somewhat Favorable Press Coverage, Analysis Shows

News coverage about Rubicon Technology (NASDAQ:RBCN) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rubicon Technology earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 43.6568126847622 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Separately, ValuEngine upgraded Rubicon Technology from a “sell” rating to a “hold” rating in a research report on Friday, May 4th.

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Rubicon Technology traded down $0.23, reaching $7.66, during trading hours on Monday, according to Marketbeat.com. 3,100 shares of the stock traded hands, compared to its average volume of 8,627. Rubicon Technology has a 1 year low of $6.71 and a 1 year high of $9.75.

Rubicon Technology (NASDAQ:RBCN) last released its quarterly earnings results on Monday, May 14th. The semiconductor company reported ($0.01) earnings per share for the quarter. Rubicon Technology had a negative net margin of 265.92% and a negative return on equity of 35.10%. The firm had revenue of $1.04 million for the quarter.

About Rubicon Technology

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods 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.

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