Rubicon Technology, Inc. (NASDAQ:RBCN – Get Free Report) shares shot up 0% on Friday. The company traded as high as $5.10 and last traded at $4.87. 602 shares were traded during trading, a decline of 85% from the average session volume of 3,914 shares. The stock had previously closed at $4.8688.
Rubicon Technology Stock Performance
The company has a market cap of $45.67 million, a P/E ratio of 25.63 and a beta of 1.61. The business’s fifty day moving average is $5.51 and its two-hundred day moving average is $4.74.
About Rubicon Technology
Rubicon Technology, Inc. is an advanced materials company that specializes in the production and processing of monocrystalline sapphire. Sapphire is valued for its hardness, optical clarity, chemical resistance and ability to withstand high temperatures, making it useful in demanding industrial and technology applications. The company has historically offered sapphire products such as windows, substrates, rods, tubes and other custom-shaped components. These products have been used in applications serving the semiconductor, light-emitting diode, optical, aerospace, defense and industrial markets.
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