Rubico (NASDAQ:RUBI) Shares Scheduled to Split on Tuesday, October 6th
by Tristan Rich · The Markets DailyRubico Inc. (NASDAQ:RUBI – Free Report) shares are scheduled to split on Tuesday, October 6th. The 1.5-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Monday, October 5th.
Rubico Stock Down 1.9%
Shares of RUBI stock opened at $1.05 on Friday. The business has a fifty day simple moving average of $1.75. Rubico has a 52 week low of $1.00 and a 52 week high of $137,475.00. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 1.61.
Rubico (NASDAQ:RUBI – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($9.32) EPS for the quarter. The company had revenue of $4.84 million during the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of Rubico from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.
About Rubico
Rubico Inc is a provider of shipping transportation services specializing in the ownership of vessels. Rubico Inc is based in ATHENS, Greece.