Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note released on Sunday morning. The brokerage issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Performance

Shares of NASDAQ RBCN opened at $1.58 on Friday. The business’s 50-day simple moving average is $1.35 and its 200-day simple moving average is $1.08. Rubicon Technology has a 52 week low of $0.43 and a 52 week high of $2.02. The firm has a market cap of $3.75 million, a price-to-earnings ratio of 8.30 and a beta of 0.87.

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.