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

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

Rubicon Technology Price Performance

NASDAQ:RBCN opened at $1.68 on Friday. The company has a market capitalization of $4.00 million, a P/E ratio of 8.86 and a beta of 0.84. The business has a fifty day simple moving average of $1.59 and a two-hundred day simple moving average of $1.28. Rubicon Technology has a 1 year low of $0.43 and a 1 year high of $2.02.

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.