Cloopen Group Holding Limited Sponsored ADR (NYSE:RAAS – Get Free Report) shares traded up 2% during mid-day trading on Friday. The stock traded as high as $2.58 and last traded at $2.58. Approximately 3,094 shares changed hands during mid-day trading, The stock had previously closed at $2.53.
Cloopen Group Stock Down 2.7%
The company’s fifty day moving average price is $2.45 and its two-hundred day moving average price is $2.16.
About Cloopen Group
Cloopen Group Holding Limited was a China-based enterprise cloud communications provider. The company offered communications-as-a-service solutions designed to help businesses manage voice, messaging, video and other communications through cloud-based platforms.
Its product portfolio included unified communications services, cloud contact center solutions and communications platform as a service (CPaaS). These offerings were intended to support customer engagement, collaboration and business communications, with applications across industries such as finance, retail, education and technology.
Cloopen was founded in China and primarily served enterprise customers in the Chinese market.
See Also
- Five stocks we like better than Cloopen Group
- Bloom Energy Just Reported—Its Biggest Order Is Still Waiting on a Pipeline
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
Receive News & Ratings for Cloopen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloopen Group and related companies with MarketBeat.com's FREE daily email newsletter.
