NEW YORK ( TheStreet) -- Rubicon Technology (Nasdaq: RBCN) hit a new 52-week low Monday as it is currently trading at $10.34, below its previous 52-week low of $10.50 with 73,168 shares traded as of 9:40 a.m. ET. Average volume has been 714,500 shares over the past 30 days.

Rubicon Technology has a market cap of $253.7 million and is part of the technology sector and electronics industry. Shares are down 48.1% year to date as of the close of trading on Friday.

Rubicon Technology, Inc. develops, manufactures, and sells monocrystalline sapphire and other crystalline products for light-emitting diodes (LED), radio frequency integrated circuits (RFICs), blue laser diodes, optoelectronics, and other optical applications. The company has a P/E ratio of 4.9, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Rubicon Technology as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full Rubicon Technology Ratings Report.

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