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

StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report released on Sunday. 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 firm’s fifty day moving average price is $1.62 and its two-hundred day moving average price is $1.32. Rubicon Technology has a 1 year low of $0.43 and a 1 year high of $2.02. The firm has a market capitalization of $4.04 million, a P/E ratio of 8.95 and a beta of 0.84.

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.