the Rubicon Project (RUBI) Catches Eye: Stock Rises 12.4%

the Rubicon Project, Inc. was a big mover last session, as its shares rose over 12% on the day. The move came following a Wall Street Journal report suggesting the company is exploring a sale. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.42 to $8.00 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

the Rubicon Project currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Internet - Software space is Zendesk, Inc. , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is RUBI going up? Or down? Predict to see what others think: Up or Down

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