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

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

Rubicon Technology Price Performance

NASDAQ:RBCN opened at $0.73 on Monday. The business’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.81. Rubicon Technology has a twelve month low of $0.52 and a twelve month high of $2.25. The stock has a market cap of $1.74 million, a P/E ratio of -8.11 and a beta of 0.92.

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.