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

Equities researchers at StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued on Wednesday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Down 3.9 %

Shares of Rubicon Technology stock opened at $1.68 on Wednesday. Rubicon Technology has a twelve month low of $0.43 and a twelve month high of $2.02. The company has a market cap of $4.00 million, a price-to-earnings ratio of 8.86 and a beta of 0.88. The company’s 50 day moving average is $1.44 and its 200 day moving average is $1.17.

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.