StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCNFree Report) in a research report sent to investors on Tuesday. The firm issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

NASDAQ RBCN opened at $2.00 on Tuesday. Rubicon Technology has a 1 year low of $0.43 and a 1 year high of $2.49. The business’s fifty day moving average is $2.05 and its two-hundred day moving average is $1.68. The stock has a market capitalization of $4.76 million, a P/E ratio of 10.53 and a beta of 0.83.

Rubicon Technology Company Profile

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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.

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