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

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

Rubicon Technology Trading Down 11.6%

Rubicon Technology stock opened at $1.90 on Friday. The business’s fifty day simple moving average is $2.06 and its two-hundred day simple moving average is $1.84. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.49. The company has a market capitalization of $4.52 million, a price-to-earnings ratio of 10.00 and a beta of 0.90.

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.