RBCN Crosses Below Key Price/Book Valuation Level

In trading on Tuesday, shares of Rubicon Technology Inc (RBCN) crossed below their last reported book value — defined as common shareholder equity per share — of $9.31, changing hands as low as $9.09 per share. Rubicon Technology Inc shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of RBCN shares, versus its 50 and 200 day moving averages:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their book value »

Rubicon Technology Inc Moving Averages Chart

Looking at the chart above, RBCN's low point in its 52 week range is $4.83 per share, with $13.78 as the 52 week high point — that compares with a last trade of $9.60.

According to the ETF Finder at ETF Channel, RBCN makes up 1.62% of the WilderHill Clean Energy Portfolio ETF ( PBW) which is trading lower by about 0.2% on the day Tuesday.

null

More from Stocks

Watch: Here's What Wall Street Is Tracking Monday as Trump Sends Stocks Lower

Watch: Here's What Wall Street Is Tracking Monday as Trump Sends Stocks Lower

Harley-Davidson to Shift Some U.S. Production in Wake of Tariffs

Harley-Davidson to Shift Some U.S. Production in Wake of Tariffs

What Tesla Needs to Do to Fight Off High-End Automakers Going Electric

What Tesla Needs to Do to Fight Off High-End Automakers Going Electric

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

Dow Falls Sharply, Nasdaq Sinks as Wall Street Weighs Trump's New Trade Threats

This Will Be the Ultimate Buy (or Sell) Signal for Stocks

This Will Be the Ultimate Buy (or Sell) Signal for Stocks