Media stories about Rubicon Technology (NASDAQ:RBCN) have been trending positive on Monday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Rubicon Technology earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news articles about the semiconductor company an impact score of 46.5337410782848 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
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 $0.12 during mid-day trading on Monday, reaching $8.07. The company had a trading volume of 22,300 shares, compared to its average volume of 13,218. Rubicon Technology has a 1 year low of $4.60 and a 1 year high of $10.45.
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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