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Cloopen Group (NYSE:RAAS) Stock Price Down 3.2% - Here's What Happened

Cloopen Group logo with Computer and Technology background

Cloopen Group Holding Limited (NYSE:RAAS - Get Free Report) fell 3.2% during mid-day trading on Tuesday . The company traded as low as $1.10 and last traded at $1.20. 2,981 shares changed hands during trading, The stock had previously closed at $1.24.

Cloopen Group Price Performance

The stock's 50 day simple moving average is $0.89 and its two-hundred day simple moving average is $0.52.

Cloopen Group Company Profile

(Get Free Report)

Cloopen Group Holding Limited, through its subsidiaries, provides cloud communication services in the People's Republic of China. It offers River Soldier CRM, an intelligent marketing system and digital operation management platform; AI vision technology; Ladder AI Kernal, a natural language processing technology; Smart IVR, an intelligent navigation robot; Rongxi assistive robot technology; and Rongxi sparring robot that helps enterprises solve problems.

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