Rubicon Technology (NASDAQ:RBCN) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.82 and traded as high as $4.32. Rubicon Technology shares last traded at $4.18, with a volume of 1,719 shares trading hands.

Rubicon Technology Trading Up 1.2%

The firm has a market capitalization of $9.95 million, a P/E ratio of 22.00 and a beta of 1.01. The business’s 50 day simple moving average is $3.97 and its two-hundred day simple moving average is $2.82.

About Rubicon Technology

(Get Free Report)

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.

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