Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.23 and traded as high as $4.55. Rubicon Technology shares last traded at $4.40, with a volume of 6,725 shares changing hands.
Rubicon Technology Stock Down 2.2%
The stock has a market capitalization of $41.26 million, a P/E ratio of 23.16 and a beta of 1.26. The business’s 50 day simple moving average is $3.48 and its two-hundred day simple moving average is $3.23.
About Rubicon Technology
Rubicon Technology, Inc (NASDAQ: RBCN) is a U.S.-based manufacturer of engineered sapphire materials, specializing in the production of single-crystal sapphire substrates and components. Utilizing proprietary flame-fusion processes, the company produces high-purity sapphire products designed for a variety of industrial and technology applications. Its product portfolio includes wafer substrates for LED and semiconductor testing, precision optical windows, and robust components for high-pressure or high-temperature environments.
Incorporated in 2002 and headquartered in Michigan, Rubicon Technology operates one of the few domestic facilities dedicated to synthetic sapphire production.
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