Rubicon Technology (NASDAQ:RBCN) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Rubicon Technology, Inc. (NASDAQ:RBCN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.27 and traded as high as $1.80. Rubicon Technology shares last traded at $1.68, with a volume of 2,165 shares trading hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Rubicon Technology in a research report on Saturday. They set a “sell” rating on the stock.

Rubicon Technology Trading Up 2.0 %

The company’s 50-day simple moving average is $1.58 and its 200 day simple moving average is $1.27. The stock has a market cap of $4.00 million, a P/E ratio of 8.86 and a beta of 0.88.

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.