Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report issued on Monday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Trading Up 11.6 %

NASDAQ:RBCN opened at $2.02 on Monday. The firm’s fifty day simple moving average is $1.65 and its 200 day simple moving average is $1.36. Rubicon Technology has a twelve month low of $0.43 and a twelve month high of $2.06. The firm has a market capitalization of $4.80 million, a price-to-earnings ratio of 10.63 and a beta of 0.84.

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.