Rubicon Technology (NASDAQ:RBCN) Shares Pass Above 200 Day Moving Average of $0.78

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.78 and traded as high as $0.91. Rubicon Technology shares last traded at $0.91, with a volume of 335 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Rubicon Technology in a research note on Thursday. They issued a “sell” rating for the company.

View Our Latest Stock Report on RBCN

Rubicon Technology Stock Performance

The business’s 50-day moving average is $0.80 and its two-hundred day moving average is $0.78.

Rubicon Technology Company Profile

(Get Free Report)

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.

Further Reading

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