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NEW YORK ( TheStreet) -- Rubicon Technology (Nasdaq: RBCN) hit a new 52-week low Tuesday as it is currently trading at $9.74, below its previous 52-week low of $9.75 with 327,646 shares traded as of 12:20 p.m. ET. Average volume has been 710,500 shares over the past 30 days. Rubicon Technology has a market cap of $231.5 million and is part of the technology sector and electronics industry. 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.