Rubicon Technology (NASDAQ:RBCN) Coverage Initiated by Analysts at StockNews.com

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

Rubicon Technology Price Performance

NASDAQ RBCN opened at $2.22 on Wednesday. The business has a 50 day moving average price of $1.78 and a 200 day moving average price of $1.44. The company has a market capitalization of $5.28 million, a P/E ratio of 9.87 and a beta of 0.86. Rubicon Technology has a 1-year low of $0.43 and a 1-year 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.