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

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

Rubicon Technology Stock Performance

RBCN stock remained flat at $0.85 during mid-day trading on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 1,025. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.25. The stock has a market cap of $2.02 million, a PE ratio of -9.44 and a beta of 0.81. The company’s fifty day moving average price is $0.84 and its 200 day moving average price is $0.80.

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.