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First Week of RUBY April 16th Options Trading
Friday, February 26, 10:49 AM ET, by Market News Video Staff

Investors in Rubius Therapeutics Inc (RUBY) saw new options become available this week, for the ...

Rubius Therapeutics Reaches Analyst Target Price
Wednesday, March 10, 9:27 AM ET, by Market News Video Staff

In recent trading, shares of Rubius Therapeutics Inc (RUBY) have crossed above the average analyst ...

Notable Monday Option Activity: LLY, RUBY, PENN
Monday, March 15, 3:32 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

Investors Snag RUBY 16.0% Cheaper Than Its Secondary Stock Offering
Thursday, March 18, 10:00 AM ET, by Market News Video Staff

Looking back to 2 days ago, Rubius Therapeutics Inc (RUBY) priced a 6,896,552 share secondary ...

First Week of RUBY November 19th Options Trading
Friday, March 19, 1:53 PM ET, by Market News Video Staff

Investors in Rubius Therapeutics Inc (RUBY) saw new options become available this week, for the ...

Rubius Therapeutics is Now Oversold (RUBY)

By Market News Video Staff, Wednesday, October 27, 12:00 PM ET
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In trading on Wednesday, shares of Rubius Therapeutics Inc (NASDAQ:RUBY) entered into oversold territory, hitting an RSI reading of 26.8, after changing hands as low as $14.71 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY) is 65.2. A bullish investor could look at RUBY's 26.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of RUBY shares:

Rubius Therapeutics Inc 1 Year Performance Chart

Looking at the chart above, RUBY's low point in its 52 week range is $4.20 per share, with $38.71 as the 52 week high point — that compares with a last trade of $14.80. Find out what 9 other oversold stocks you need to know about »

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