Rubicon Technology (NASDAQ:RBCN) Now Covered by StockNews.com

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

Rubicon Technology Stock Performance

Shares of RBCN stock opened at $1.70 on Friday. The stock’s 50-day simple moving average is $1.62 and its 200-day simple moving average is $1.33. The firm has a market capitalization of $4.05 million, a PE ratio of 8.95 and a beta of 0.84. Rubicon Technology has a fifty-two week low of $0.43 and a fifty-two week high of $2.02.

About Rubicon Technology

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.