Rubicon Technology (NASDAQ:RBCN) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Rubicon Technology, Inc. (NASDAQ:RBCNGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.33 and traded as high as $5.80. Rubicon Technology shares last traded at $5.80, with a volume of 2,731 shares traded.

Rubicon Technology Price Performance

The company has a 50-day moving average price of $4.03 and a two-hundred day moving average price of $3.33. The company has a market cap of $54.39 million, a PE ratio of 30.53 and a beta of 1.38.

About Rubicon Technology

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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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