StockNews.com Begins Coverage on Rubicon Technology (NASDAQ:RBCN)

Stock analysts at StockNews.com started coverage on shares of Rubicon Technology (NASDAQ:RBCN) in a research note issued on Friday. The firm set a “sell” rating on the semiconductor company’s stock.

Rubicon Technology Price Performance

Shares of RBCN opened at $1.65 on Friday. The firm has a market capitalization of $3.92 million, a price-to-earnings ratio of 8.68 and a beta of 0.88. The company has a 50-day moving average of $1.55 and a 200 day moving average of $1.25. Rubicon Technology has a 1-year low of $0.43 and a 1-year high of $2.02.

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.