Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.33 and traded as high as $5.80. Rubicon Technology shares last traded at $5.80, with a volume of 2,731 shares.
Rubicon Technology Stock Performance
The firm has a market capitalization of $53.44 million, a price-to-earnings ratio of 29.99 and a beta of 1.39. The company has a fifty day moving average of $4.09 and a two-hundred day moving average of $3.34.
About Rubicon Technology
Rubicon Technology, Inc (NASDAQ: RBCN) is a U.S.-based manufacturer of engineered sapphire materials, specializing in the production of single-crystal sapphire substrates and components. Utilizing proprietary flame-fusion processes, the company produces high-purity sapphire products designed for a variety of industrial and technology applications. Its product portfolio includes wafer substrates for LED and semiconductor testing, precision optical windows, and robust components for high-pressure or high-temperature environments.
Incorporated in 2002 and headquartered in Michigan, Rubicon Technology operates one of the few domestic facilities dedicated to synthetic sapphire production.
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