Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Tuesday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Up 1.0 %

NASDAQ RBCN opened at $1.99 on Tuesday. The company has a 50 day moving average price of $1.70 and a two-hundred day moving average price of $1.39. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.06. The stock has a market capitalization of $4.74 million, a PE ratio of 10.47 and a beta of 0.86.

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.