the Rubicon Project, Inc. (RUBI) Jumps: Stock Rises 10% – Tale of the Tape

February 26, 2015 Technicals 0

Zacks

the Rubicon Project, Inc. (RUBI) was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came after the company reported better-than-expected fourth-quarter 2014 results, wherein non-GAAP earnings per share of 25 cents increased 79% and revenues of $41.8 million grew 49%, both on a year-over-year basis. This led to far more shares changing hands than in a normal session, continuing the recent uptrend of the company as the stock is now up 33.54% since Feb 11.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate, however, has moved up over the same time frame, suggesting that more solid trading could be ahead for Rubicon Project. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

Rubicon Project carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Investors interested in the internet software industry may also consider Chegg, Inc. (CHGG), sporting a Zacks Rank #1 (Strong Buy).

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