Rubicon Technology (NASDAQ:RBCN) Share Price Passes Above 200 Day Moving Average – What’s Next?

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.06 and traded as high as $5.30. Rubicon Technology shares last traded at $5.30, with a volume of 130 shares trading hands.

Rubicon Technology Stock Performance

The stock has a 50 day simple moving average of $5.57 and a 200-day simple moving average of $4.08. The firm has a market cap of $49.70 million, a P/E ratio of 27.90 and a beta of 1.39.

Rubicon Technology Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Rubicon Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rubicon Technology and related companies with MarketBeat.com's FREE daily email newsletter.