Raymond James downgraded Rubicon Project Inc (NYSE:RUBI) from Neutral to Underperform in a statement released earlier today.
- Updated: September 18, 2016
Boasting a price of $13.67, Rubicon Project Inc (NYSE:RUBI) traded 0.70% lower on the day. With the last stock price close down 40.90% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the same period. Rubicon Project Inc has recorded a 50-day moving average of $9.94 and two hundred day average of $14.48. Volume of trade was was up over the average, with 873,791 shares of RUBI changing hands over the typical 852,756 shares.
Raymond James has downgraded Rubicon Project Inc(NYSE:RUBI) from Neutral to Underperform in a statement released 8/03/2016.
On 4/12/2016, Citigroup released a statement about Rubicon Project Inc(NYSE:RUBI) bumped the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.37%.
Recent Performance Chart:
A total of 13 analysts have issued a research note on RUBI. Four analysts rate the company a strong buy, seven analysts rate the company a buy, one firm rate the company a hold, 0 rate the company to underperform, and lastly 0 firmsrate the stock as sell with an average target of $21.92
With a total market value of $0.0, Rubicon Project Inc has a 52 week low of $8.04 and a one-year high of $20.37 with a price-earnings ratio of 25.
General Information About Rubicon Project Inc (NYSE:RUBI)
The Rubicon Project, Inc. offers a technology solution to automate the purchase and sale of advertising for both buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video, utilizing various inventory types, including direct sale of inventory, real-time bidding (RTB) and static bidding, across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards. The Company’s platform features applications for digital advertising sellers, including Websites, mobile applications and other digital media properties, to sell their advertising inventory; applications and services for buyers, including advertisers, agencies, agency trading desks (ATDs), demand side platforms (DSPs) and advertisement networks, to buy advertising inventory, and and a marketplace over which such transactions are executed.
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