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Rubicon Project Inc (NYSE:RUBI) has been downgraded from Outperform to Perform in a statement by Oppenheimer earlier today.

Only yesterday Rubicon Project Inc (NYSE:RUBI) traded 0.70% lower at $13.67. Rubicon Project Inc’s 50-day moving average is $9.94 and its 200-day average is $14.48. The last stock close is down 40.90% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. 873,791 shares of Rubicon Project Inc were exchanged, up from ann avg. volume of 852,756.

Oppenheimer has downgraded Rubicon Project Inc(NYSE:RUBI) from Outperform to Perform in a report released 8/03/2016.

On Tuesday April 12 2016, Citigroup reported on Rubicon Project Inc(NYSE:RUBI) upped the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.37%.

Performance Graph:

Rubicon Project Inc (NYSE:RUBI)

A total of 13 brokerages have released a report on the stock. Four analysts rate the company 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 12-month target price of $21.92

With a market capitalization of $0.0, Rubicon Project Inc has a 52 week low of $8.04 and a 52 week high of $20.37 with a P/E ratio of 25.

More 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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