Rubicon Technology (NASDAQ:RBCN) Now Covered by StockNews.com

StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Tuesday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Trading Up 6.5 %

RBCN opened at $2.13 on Tuesday. The stock’s fifty day simple moving average is $2.06 and its 200 day simple moving average is $1.69. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.49. The stock has a market cap of $5.07 million, a PE ratio of 11.21 and a beta of 0.83.

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.