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

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

Rubicon Technology Price Performance

Shares of NASDAQ RBCN opened at $1.52 on Friday. The firm’s 50-day moving average is $1.34 and its two-hundred day moving average is $1.06. The company has a market capitalization of $3.62 million, a PE ratio of 8.00 and a beta of 0.87. Rubicon Technology has a 12-month low of $0.43 and a 12-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.