Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.35 and traded as high as $6.50. Rubicon Technology shares last traded at $6.50, with a volume of 100 shares trading hands.
Rubicon Technology Stock Performance
The business’s 50 day simple moving average is $5.65 and its 200-day simple moving average is $4.37. The company has a market cap of $57.39 million, a price-to-earnings ratio of 32.21 and a beta of 1.41.
Rubicon Technology Company Profile
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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