StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

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

Rubicon Technology Stock Down 3.0 %

RBCN opened at $0.96 on Friday. The firm’s fifty day moving average price is $0.84 and its 200 day moving average price is $0.80. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.25.

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.