Rubicon Project Inc (NYSE:RUBI) has been downgraded from Outperform to Neutral in a statement by Boenning & Scattergood earlier today.
- Updated: September 18, 2016
Having a price of $13.67, Rubicon Project Inc (NYSE:RUBI) traded 0.70% lower on the day. The last stock price is 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 logged a 50-day moving average of $9.94 and two hundred day average of $14.48. Trading volume was was up over the average, with 873,791 shares of RUBI changing hands over the typical 852,756 shares.
Boenning & Scattergood has downgraded Rubicon Project Inc(NYSE:RUBI) from Outperform to Neutral in a statement released Wednesday August 3 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 suggested an upside of 0.37%.
A total of 13 firms have released a ratings update on the company. Four analysts rate the stock a strong buy, seven analysts rate the stock a buy, one firm rate the stock a hold, 0 rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a one year target stock price of $21.92
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. Rubicon Project Inc’s market cap is currently $0.0.
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.