Rubicon Technology (NASDAQ:RBCN) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a report released on Thursday. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Down 4.3 %

RBCN opened at $2.00 on Thursday. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.49. The firm has a market capitalization of $4.76 million, a P/E ratio of 10.53 and a beta of 0.80. The stock’s 50 day moving average price is $2.09 and its two-hundred day moving average price is $1.75.

Rubicon Technology Company Profile

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.