Media headlines about Rubicon Technology (NASDAQ:RBCN) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Rubicon Technology earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.026293347966 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, ValuEngine raised shares of Rubicon Technology from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.
Shares of Rubicon Technology (NASDAQ:RBCN) traded up $0.06 during mid-day trading on Tuesday, reaching $8.31. 8,900 shares of the company’s stock traded hands, compared to its average volume of 13,104. Rubicon Technology has a twelve month low of $4.60 and a twelve month high of $10.45.
In other Rubicon Technology news, Director Donald R. Caldwell sold 221,784 shares of Rubicon Technology stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $8.00, for a total value of $1,774,272.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 12.10% of the company’s stock.
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About Rubicon Technology
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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