News coverage about Rubicon Technology (NASDAQ:RBCN) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rubicon Technology earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 44.903748447816 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, ValuEngine cut Rubicon Technology from a “hold” rating to a “sell” rating in a research report on Friday, July 28th.
Rubicon Technology (NASDAQ:RBCN) traded up 2.69% on Tuesday, hitting $8.39. The stock had a trading volume of 2,912 shares. Rubicon Technology has a 12 month low of $0.46 and a 12 month high of $10.45. The stock’s market cap is $22.85 million. The company’s 50 day moving average is $8.29 and its 200-day moving average is $7.12.
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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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