Rubicon Technologies (RBT) to Release Quarterly Earnings on Wednesday

Rubicon Technologies (NASDAQ:RBT – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, March 8th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Rubicon Technologies Stock Up 4.7 %

Shares of Rubicon Technologies stock opened at $0.99 on Wednesday. The stock’s 50 day moving average price is $1.54. Rubicon Technologies has a 1-year low of $0.85 and a 1-year high of $10.50.

Hedge Funds Weigh In On Rubicon Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC acquired a new position in Rubicon Technologies in the 4th quarter valued at approximately $225,000. Morgan Stanley acquired a new stake in shares of Rubicon Technologies during the fourth quarter worth $183,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Rubicon Technologies during the fourth quarter worth $135,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Rubicon Technologies during the fourth quarter worth $124,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Rubicon Technologies during the third quarter worth $77,000.

Analysts Set New Price Targets

RBT has been the subject of a number of recent analyst reports. Cantor Fitzgerald cut their price target on shares of Rubicon Technologies from $5.00 to $2.40 in a report on Thursday, November 10th. Canaccord Genuity Group lowered their price objective on shares of Rubicon Technologies from $10.00 to $5.00 and set a “buy” rating for the company in a research report on Thursday, November 10th.

Rubicon Technologies Company Profile

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Rubicon Technologies, Inc, a digital marketplace for waste and recycling services, provides cloud-based waste and recycling solutions to businesses, governments, and organizations worldwide. It offers solutions for waste generators, haulers and recyclers, cities, and fleets. The company provides consultation and management services to customers for waste removal, waste management, logistics, and recycling solutions.