The Rubicon Project (RUBI) : During the past 4 weeks, traders have been relatively bearish on The Rubicon Project (RUBI), hence the stock is down -35.64% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.58% relative to the S&P 500. The 4-week change in the price of the stock is -35.39% and the stock has fallen -5.61% in the past 1 week.
the Rubicon Project, Inc. has dropped 37.78% during the last 3-month period . Year-to-Date the stock performance stands at -44.74%. The stock has recorded a 20-day Moving Average of 19.55% and the 50-Day Moving Average is 29.05%.
The Rubicon Project (NYSE:RUBI): The stock opened at $9.17 on Friday but the bulls could not build on the opening and the stock topped out at $9.27 for the day. The stock traded down to $9.08 during the day, due to lack of any buying support eventually closed down at $9.09 with a loss of -0.87% for the day. The stock had closed at $9.17 on the previous day. The total traded volume was 494,124 shares.
Also, Brokerage firm First Analysis downgrades its rating on The Rubicon Project (NYSE:RUBI). The shares have been rated Equal-weight. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on August 16, 2016.
The Rubicon Project, Inc. is a technology company that focuses to automate the buying and selling of advertising. The Companys Advertising Automation Cloud platform provides user reach and a marketplace for the real time trading of digital advertising between buyers and sellers. Buyers of digital advertising use its platform to reach around 600 million Internet users globally on some of the sellers Websites and applications. Sellers of digital advertising use its platform for advertising, while accessing a market of buyers representing advertiser brands around the world. Its Advertising Automation Cloud features applications for digital advertising sellers, including Websites, mobile applications and other digital media properties, to sell advertising inventory; applications for buyers, including advertisers, agencies, agency trading desks (ATDs), demand side platforms (DSPs) and ad networks, to buy advertising inventory, and a marketplace where such transactions are executed.