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

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

Rubicon Technology Stock Performance

RBCN stock opened at $0.73 on Tuesday. Rubicon Technology has a one year low of $0.52 and a one year high of $2.25. The firm has a market capitalization of $1.74 million, a PE ratio of -8.11 and a beta of 0.81. The firm has a 50-day moving average of $0.77 and a two-hundred day moving average of $0.77.

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.