Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

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

Rubicon Technology Trading Down 5.2 %

NASDAQ RBCN opened at $1.65 on Friday. The company has a market capitalization of $3.92 million, a PE ratio of 8.68 and a beta of 0.88. The business’s 50-day moving average price is $1.54 and its 200 day moving average price is $1.24. Rubicon Technology has a twelve month low of $0.43 and a twelve month 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.