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NYSE:RAAS

Cloopen Group (RAAS) Stock Price, News & Analysis

Cloopen Group logo
$0.54 +0.47 (+671.43%)
(As of 11/22/2024 ET)

About Cloopen Group Stock (NYSE:RAAS)

Key Stats

Today's Range
$0.54
$0.54
50-Day Range
$0.02
$1.13
52-Week Range
$1.11
$3.96
Volume
22,074 shs
Average Volume
N/A
Market Capitalization
$30.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company also provides sky counter that offers remote audio and video services for enterprise customers; instant messaging and enterprise work center services; SMS verification, international SMS, and SMS sending platform services; and international voice, voice notification, two-way calling, and voice verification code services. It serves a customer base consisting of enterprises of various industries, including enterprise general, insurance, government, car, manufacture, and port. The company was founded in 2012 and is headquartered in Beijing, China.

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RAAS Stock News Headlines

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RAAS Stock Analysis - Frequently Asked Questions

Cloopen Group's stock was trading at $0.90 at the beginning of 2024. Since then, RAAS shares have decreased by 40.0% and is now trading at $0.54.
View the best growth stocks for 2024 here
.

Cloopen Group Holding Limited (NYSE:RAAS) announced its quarterly earnings results on Wednesday, June, 9th. The company reported ($1.71) EPS for the quarter, missing analysts' consensus estimates of ($0.51) by $1.20. The firm had revenue of $31.22 million for the quarter.

Cloopen Group's stock reverse split on the morning of Wednesday, March 15th 2023. The 1-3 reverse split was announced on Wednesday, March 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, March 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Cloopen Group (RAAS) raised $280 million in an initial public offering on Tuesday, February 9th 2021. The company issued 20,000,000 shares at $13.00-$15.00 per share. Goldman Sachs, Citi and CICC served as the underwriters for the IPO and Tiger Brokers and FUTU were co-managers.

Shares of RAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Cloopen Group investors own include Meta Platforms (META), Moderna (MRNA), Athenex (ATNX), BioNTech (BNTX), NVIDIA (NVDA), Plug Power (PLUG) and Velodyne Lidar (VLDR).

Company Calendar

Last Earnings
6/09/2021
Today
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
1,397
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$86.07 million
Book Value
$4.06 per share

Miscellaneous

Free Float
50,200,000
Market Cap
$30.06 million
Optionable
Not Optionable
Beta
N/A
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This page (NYSE:RAAS) was last updated on 11/23/2024 by MarketBeat.com Staff
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