Somewhat Favorable News Coverage Somewhat Unlikely to Impact Rubicon Technology (RBCN) Stock Price

Press coverage about Rubicon Technology (NASDAQ:RBCN) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rubicon Technology earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 46.0974990215342 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Separately, ValuEngine raised shares of Rubicon Technology from a “sell” rating to a “hold” rating in a research report on Friday, September 1st.

Rubicon Technology (NASDAQ RBCN) traded down $0.69 on Monday, hitting $8.01. 40,600 shares of the company were exchanged, compared to its average volume of 13,303. Rubicon Technology has a one year low of $4.80 and a one year high of $10.45. The company has a market capitalization of $23.77, a price-to-earnings ratio of -0.62 and a beta of 0.76.

In related news, Director Donald R. Caldwell sold 221,784 shares of the firm’s 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 document filed with the SEC, which can be accessed through this hyperlink. 12.10% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Rubicon Technology (NASDAQ:RBCN)

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