Rubicon Technology (RBCN) Earning Somewhat Positive News Coverage, Study Finds
Media stories about Rubicon Technology (NASDAQ:RBCN) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. 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 media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 46.1153859787711 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’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.
Shares of Rubicon Technology (NASDAQ RBCN) traded up 0.39% during trading on Wednesday, hitting $7.71. The stock had a trading volume of 2,320 shares. Rubicon Technology has a 52 week low of $0.73 and a 52 week high of $10.45. The stock’s 50 day moving average is $8.18 and its 200 day moving average is $7.70. The stock’s market capitalization is $21.00 million.
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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