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

Equities research analysts at StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

NASDAQ RBCN opened at $1.68 on Friday. The stock has a market capitalization of $4.00 million, a P/E ratio of 8.86 and a beta of 0.84. Rubicon Technology has a 52 week low of $0.43 and a 52 week high of $2.02. The stock has a fifty day moving average of $1.59 and a 200-day moving average of $1.29.

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.