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

StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report issued on Sunday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

NASDAQ RBCN opened at $2.19 on Friday. Rubicon Technology has a one year low of $0.43 and a one year high of $2.49. The stock has a 50-day moving average of $1.94 and a 200 day moving average of $1.61. The company has a market capitalization of $5.20 million, a price-to-earnings ratio of 11.51 and a beta of 0.83.

About Rubicon Technology

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.