Rubicon Technology (RBCN) Getting Somewhat Positive Media Coverage, Report Finds

News articles about Rubicon Technology (NASDAQ:RBCN) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rubicon Technology earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the semiconductor company an impact score of 46.4349865647333 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Separately, ValuEngine cut Rubicon Technology from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th.

Shares of Rubicon Technology (NASDAQ:RBCN) traded up $0.05 during midday trading on Friday, hitting $7.98. The company had a trading volume of 20,377 shares, compared to its average volume of 14,111. Rubicon Technology has a 52 week low of $4.90 and a 52 week high of $10.45. The company has a market capitalization of $21.67, a PE 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 on Thursday, November 16th. The stock was sold at an average price of $8.00, for a total value of $1,774,272.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 12.10% of the stock is currently owned by company insiders.

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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.

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

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