|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||7.99 - 8.27|
|52 Week Range||6.76 - 9.46|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 22, 2019 - Apr 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.75|
Rubicon Technology, Inc. (RBCN) today announced that its Board of Directors has authorized a stock repurchase plan to buy up to $3 million of its common stock from time to time through open market and private transactions. The timing, price and volume of repurchases will be based upon market conditions, relevant securities laws and other factors. The stock repurchase plan expires on November 19, 2021 and may be terminated at any time. “In our opinion, shares of Rubicon’s common stock are currently trading at a discount to its intrinsic value.
In this article, I’m going to take a look at Rubicon Technology Inc’s (NASDAQ:RBCN) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject amongRead More...