Rubicon Technology (NASDAQ:RBCN) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.91 and traded as high as $4.26. Rubicon Technology shares last traded at $4.26, with a volume of 729 shares changing hands.

Rubicon Technology Stock Performance

The business’s 50-day moving average is $4.08 and its two-hundred day moving average is $2.91. The stock has a market capitalization of $10.14 million, a PE ratio of 22.42 and a beta of 1.01.

About Rubicon Technology

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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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