Shares of Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.17 and traded as high as $5.90. Rubicon Technology shares last traded at $5.80, with a volume of 10,150 shares trading hands.
Rubicon Technology Trading Up 9.4%
The stock has a market cap of $54.39 million, a P/E ratio of 30.53 and a beta of 1.41. The stock has a 50 day simple moving average of $5.55 and a 200 day simple moving average of $4.17.
About Rubicon Technology
Rubicon Technology, Inc (NASDAQ: RBCN) is a U.S.-based manufacturer of engineered sapphire materials, specializing in the production of single-crystal sapphire substrates and components. Utilizing proprietary flame-fusion processes, the company produces high-purity sapphire products designed for a variety of industrial and technology applications. Its product portfolio includes wafer substrates for LED and semiconductor testing, precision optical windows, and robust components for high-pressure or high-temperature environments.
Incorporated in 2002 and headquartered in Michigan, Rubicon Technology operates one of the few domestic facilities dedicated to synthetic sapphire production.
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