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

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

Rubicon Technology Price Performance

Rubicon Technology stock opened at $1.99 on Friday. The company’s fifty day simple moving average is $1.91 and its 200-day simple moving average is $1.58. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.49. The stock has a market cap of $4.73 million, a P/E ratio of 10.47 and a beta of 0.83.

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.