Rubicon Technology (NASDAQ:RBCN) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report sent to investors on Sunday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Up 5.2 %

NASDAQ RBCN opened at $1.58 on Friday. The stock has a market capitalization of $3.75 million, a P/E ratio of 8.30 and a beta of 0.87. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.02. The firm has a 50-day moving average price of $1.36 and a 200 day moving average price of $1.08.

Rubicon Technology Company Profile

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems in North America, Asia, and internationally. The company offers optical and industrial sapphire products in various shapes and sizes, including sheets, rods, tubes, core, ingots, and prisms for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.