Rubicon Technology (RBCN, Financial), traded on the OTC market, experienced a notable stock price drop of 8.04%. The stock is currently priced at $1.27 per share with a trading volume of 1,000 shares, reflecting a turnover rate of 0.04% and a price fluctuation of 11.59%.
Recent financial disclosures reported Rubicon's revenue at $482,000, with a net loss of $55,000, translating to an earnings per share of -$0.02. The company has a gross profit of $245,000 and a price-to-earnings ratio of 7.32. Currently, no institutional ratings are available for the stock, indicating a lack of consensus on buy, hold, or sell recommendations.
In the broader semiconductor industry on the OTC market, where Rubicon Technology belongs, the overall growth was 0.85%. Other notable performers include Astera Labs, Inc., Atomera Incorporated, and Skywater Technology, Inc., which saw significant gains. Astera Labs, Inc., Smartkem, Inc., and Veeco Instruments Inc. were notably active with turnover rates of 5.67%, 3.98%, and 2.56%, respectively. Stocks with the most volatility included Atomera Incorporated, Smartkem, Inc., and Sequans Communications, with fluctuations of 15.36%, 13.13%, and 12.15%, respectively.
Rubicon Technology specializes in advanced materials, focusing on single-crystal sapphire for optical and industrial applications. The company operates its own facility in Bensenville, Illinois, offering a range of optical and industrial sapphire products. Geographically, it conducts business in North America, Asia, and other regions, with North America being the primary source of revenue.
