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

Yesterday Rubicon Project Inc (NYSE:RUBI) traded 2.34% lower at $13.67. The company’s 50-day average is $9.30 and its two hundred day moving average is $14.23. The last stock price is down 41.26% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time. Volume of trade was was down over the average, with 290,118 shares of RUBI changing hands under the typical 858,888 shares..

RBC Capital Markets has downgraded Rubicon Project Inc(NYSE:RUBI) from Outperform to Sector Perform in a report released Wednesday August 3 2016.

On 4/12/2016, Citigroup released a statement about Rubicon Project Inc(NYSE:RUBI) raised the target price from $0.00 to $26.00 that suggested an upside of 0.37%.

See Graph Below:

Rubicon Project Inc (NYSE:RUBI)

A total of 13 equity analysts have issued a research note on Rubicon Project Inc. Four analysts rate the company a strong buy, seven firms rate the stock a buy, one analyst rate the company a hold, 0 rate the company to underperform, and lastly 0 firmsrate the stock as sell with a one year target of $21.92

Rubicon Project Inc has a PE of 24 with a 52 week low of $8.04 and a 52 week high of $20.37. The company’s market cap is currently $0.0.

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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