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Rambus Inc. (NASDAQ:RMBS) has been upgraded to Sell in a statement by BidaskClub earlier today.

BidaskClub has upgraded Rambus Inc. (NASDAQ:RMBS) to Sell in a statement released on 07/08/2017.

Having a price of $12.45, Rambus Inc. (NASDAQ:RMBS) traded 0.08% higher on the day. With the last stock price down 0.35% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. RMBS has recorded a 50-day average of $12.47 and a two hundred day average of $12.59. Trade Volume was down over the average, with 424,354 shares of RMBS changing hands under the typical 918,995

Recent Performance Chart

Rambus Inc. (NASDAQ:RMBS)

Rambus Inc. has PE ratio of 210.50 with a one year low of $11.30 and a one year high of $14.50 and has a market capitalization of $0.

A total of 5 brokerages have released a report on Rambus Inc.. One brokerage rating the company a strong buy, two brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $13.80.

General Company Details For Rambus Inc. (NASDAQ:RMBS)

Rambus Inc. (Rambus) produces hardware and software technologies. The Company's segments include Memory and Interface Division (MID), which focuses the design, development, manufacturing through partnerships and licensing of technology and solutions that is related to memory and interfaces; Rambus Security Division (RSD), which focuses on the design, development and licensing of technologies for chip and system security, anti-counterfeiting, smart ticketing and mobile payments; Emerging Solutions Division (ESD), which encompasses its long-term research and development efforts in the area of emerging technologies, and Rambus Lighting Division (RLD), which focuses on the design, development and licensing of technologies for lighting. The Company collaborates with application-specific integrated circuit (ASIC) and System-on-Chip (SoC) designers, foundries, Internet protocol (IP) developers, processor companies, electronic design automation (EDA) companies and validation laboratories.

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