Rubicon Technology (NASDAQ:RBCN) Coverage Initiated by Analysts at StockNews.com

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

Rubicon Technology Stock Down 8.8 %

NASDAQ RBCN opened at $0.91 on Wednesday. The company has a fifty day moving average of $0.79 and a two-hundred day moving average of $0.77. Rubicon Technology has a 52 week low of $0.52 and a 52 week high of $2.25.

About Rubicon Technology

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.