Rubicon Technology (NASDAQ:RBCN) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Rubicon Technology, Inc. (NASDAQ:RBCN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.31 and traded as high as $3.35. Rubicon Technology shares last traded at $3.35, with a volume of 1,020 shares trading hands.

Rubicon Technology Stock Performance

The company has a market capitalization of $31.42 million, a P/E ratio of 17.63 and a beta of 1.18. The business’s fifty day simple moving average is $3.02 and its 200-day simple moving average is $3.31.

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.