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

StockNews.com began coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research report report published on Wednesday. The firm issued a sell rating on the semiconductor company’s stock.

Rubicon Technology Stock Down 3.5 %

Shares of NASDAQ:RBCN opened at $2.22 on Wednesday. The company has a market capitalization of $5.28 million, a P/E ratio of 9.87 and a beta of 0.86. Rubicon Technology has a 52-week low of $0.43 and a 52-week high of $2.49. The stock’s fifty day simple moving average is $1.78 and its 200-day simple moving average is $1.44.

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.