Rubicon Technology (NASDAQ:RBCN) Coverage Initiated at StockNews.com

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

Rubicon Technology Trading Down 0.8 %

NASDAQ:RBCN opened at $2.17 on Friday. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.49. The firm has a market capitalization of $5.16 million, a price-to-earnings ratio of 11.42 and a beta of 0.83. The business’s 50-day moving average price is $1.96 and its two-hundred day moving average price is $1.62.

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.