Rubicon Technology (NASDAQ:RBCN) Earns Sell Rating from Analysts at StockNews.com

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

Rubicon Technology Price Performance

NASDAQ RBCN opened at $1.24 on Tuesday. Rubicon Technology has a 12-month low of $0.43 and a 12-month high of $2.25. The firm has a 50-day moving average price of $0.90 and a two-hundred day moving average price of $0.83.

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.