Rubicon Technology (RBCN) Upgraded to “Hold” at ValuEngine
ValuEngine upgraded shares of Rubicon Technology (NASDAQ:RBCN) from a sell rating to a hold rating in a research report sent to investors on Sunday.
Rubicon Technology (NASDAQ RBCN) opened at $8.08 on Friday. The stock has a market cap of $21.80, a PE ratio of -0.62 and a beta of 0.76. Rubicon Technology has a 52-week low of $4.90 and a 52-week 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 transaction of $1,774,272.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 12.10% of the company’s stock.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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