Rubicon Technology (NASDAQ:RBCN) Shares Cross Above 200-Day Moving Average – Here’s Why

Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $5.15 and traded as high as $5.61. Rubicon Technology shares last traded at $5.61, with a volume of 100 shares traded.

Rubicon Technology Trading Down 0.2%

The business has a 50 day moving average of $5.97 and a 200-day moving average of $5.15. The stock has a market cap of $52.52 million, a PE ratio of 29.48 and a beta of 1.44.

About Rubicon Technology

(Get Free Report)

Rubicon Technology, Inc is a materials company that manufactures and supplies high-performance sapphire products for industrial, optical, semiconductor, aerospace, defense, and research applications. Sapphire is valued for its hardness, chemical resistance, optical transparency, and ability to withstand demanding temperatures and environments.

The company’s product offerings include sapphire windows, rods, tubes, and other custom-shaped components, as well as sapphire substrates and related materials.

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