Media coverage about Rubicon Technology (NASDAQ:RBCN) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rubicon Technology earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.1135308438822 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Separately, ValuEngine lowered shares of Rubicon Technology from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th.
Shares of Rubicon Technology (RBCN) traded down $0.11 during midday trading on Monday, reaching $7.75. 36,495 shares of the company were exchanged, compared to its average volume of 9,103. Rubicon Technology has a 12-month low of $5.10 and a 12-month high of $10.45. The firm has a market cap of $21.45, a price-to-earnings ratio of -0.60 and a beta of 0.76.
Rubicon Technology (NASDAQ:RBCN) last posted its quarterly earnings data on Monday, November 13th. The semiconductor company reported ($0.41) EPS for the quarter. Rubicon Technology had a negative return on equity of 78.15% and a negative net margin of 409.18%. The business had revenue of $1.35 million for the quarter.
In other news, Director Donald R. Caldwell sold 221,784 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $8.00, for a total transaction of $1,774,272.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 12.10% of the company’s stock.
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Rubicon Technology Company Profile
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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