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

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

Rubicon Technology Price Performance

RBCN opened at $0.73 on Monday. The business’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.82. Rubicon Technology has a 1 year low of $0.52 and a 1 year high of $2.25.

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.