Vetr Inc. announced The Rubicon Project Inc (NYSE:RUBI), boosting its stock price target to $9.25 today
- Updated: October 9, 2016
Just yesterday The Rubicon Project Inc (NYSE:RUBI) traded -0.72% lower at $8.24. The Rubicon Project Inc’s 50-day moving average is $8.60 and its 200-day moving average is $13.40. The last stock price is down -38.51% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 281,961 shares of RUBI traded hands, down from an average trading volume of 848,171
In a report released on Monday October 10, 2016 Vetr Inc. increased the stock price target of The Rubicon Project Inc (NYSE:RUBI) to $9.25 reporting a possible upside of 0.12%.
Previously on 10/04/2016, Vetr Inc. released a statement about The Rubicon Project Inc (NYSE:RUBI) increased the target price from $0.00 to $9.25. At the time, this indicated a possible upside of 0.09%.
Recent Performance Chart
The Rubicon Project Inc has 52 week low of $8.04 and a 52 week high of $20.37 with a PE ratio of 23.61 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its stock price target, a total of 13 brokerages have issued a ratings update on the company. The average stock price target is $21.92 with 4 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On The 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 a marketplace over which such transactions are executed.
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