Rubicon Technology (NASDAQ:RBCN) Shares Pass Above 200-Day Moving Average of $0.77

Shares of Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.77 and traded as high as $0.98. Rubicon Technology shares last traded at $0.98, with a volume of 1,756 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Rubicon Technology in a report on Tuesday, June 25th. They issued a “sell” rating for the company.

Check Out Our Latest Stock Report on Rubicon Technology

Rubicon Technology Stock Up 30.7 %

The stock’s 50 day moving average is $0.77 and its 200-day moving average is $0.77.

Rubicon Technology Company Profile

(Get Free Report)

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.

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