Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report) traded up 0% during trading on Friday. The stock traded as high as $5.10 and last traded at $4.87. Approximately 602 shares changed hands during trading, a decline of 85% from the average daily volume of 3,914 shares. The stock had previously closed at $4.8688.
Rubicon Technology Price Performance
The firm has a market cap of $45.67 million, a P/E ratio of 25.63 and a beta of 1.61. The stock’s 50-day simple moving average is $5.51 and its two-hundred day simple moving average is $4.74.
About Rubicon Technology
Rubicon Technology, Inc. is an advanced materials company that specializes in the production and processing of monocrystalline sapphire. Sapphire is valued for its hardness, optical clarity, chemical resistance and ability to withstand high temperatures, making it useful in demanding industrial and technology applications. The company has historically offered sapphire products such as windows, substrates, rods, tubes and other custom-shaped components. These products have been used in applications serving the semiconductor, light-emitting diode, optical, aerospace, defense and industrial markets.
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