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

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

Rubicon Technology Stock Up 6.7 %

RBCN opened at $2.19 on Friday. Rubicon Technology has a 52 week low of $0.43 and a 52 week high of $2.49. The business has a fifty day simple moving average of $1.94 and a 200-day simple moving average of $1.61. The firm has a market cap of $5.20 million, a P/E ratio of 11.51 and a beta of 0.83.

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.