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

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

Rubicon Technology Trading Down 1.4 %

NASDAQ RBCN opened at $2.15 on Monday. The firm has a market capitalization of $5.11 million, a PE ratio of 11.32 and a beta of 0.83. The business’s 50-day moving average price is $2.01 and its two-hundred day moving average price is $1.66. Rubicon Technology has a 12 month low of $0.43 and a 12 month high of $2.49.

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.