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

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

Rubicon Technology Stock Down 4.8 %

Rubicon Technology stock opened at $1.90 on Friday. The business’s 50-day simple moving average is $1.91 and its 200 day simple moving average is $1.59. The stock has a market cap of $4.51 million, a price-to-earnings ratio of 9.97 and a beta of 0.83. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.49.

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.