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

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

Rubicon Technology Stock Performance

Rubicon Technology stock opened at $1.65 on Friday. The firm has a market cap of $3.92 million, a P/E ratio of 8.68 and a beta of 0.88. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.02. The firm has a 50-day moving average of $1.55 and a 200-day moving average of $1.25.

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.