Rubicon Technology (NASDAQ:RBCN) Shares Pass Above 200-Day Moving Average – Time to Sell?

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.82 and traded as high as $5.47. Rubicon Technology shares last traded at $5.47, with a volume of 168 shares.

Rubicon Technology Trading Up 0.4%

The stock has a market capitalization of $51.30 million, a P/E ratio of 28.79 and a beta of 1.39. The stock’s 50 day simple moving average is $5.26 and its 200 day simple moving average is $3.82.

Rubicon Technology Company Profile

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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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