StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a note issued to investors on Sunday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Up 15.4 %

Shares of Rubicon Technology stock opened at $1.50 on Friday. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.02. The stock has a market cap of $3.57 million, a PE ratio of 7.89 and a beta of 0.87. The business has a fifty day simple moving average of $1.35 and a 200-day simple moving average of $1.07.

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.