Cloopen Group (RAAS) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $0.07 to $0.07
• 50-Day Range: $0.02 to $1.13
• 52-Week Range: $1.11 to $3.96
• Volume: 1,070 shs
• Average Volume: N/A
• Market Capitalization: $3.90 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

RAAS Stock Analysis - Frequently Asked Questions

How have RAAS shares performed this year?

Cloopen Group's stock was trading at $0.90 on January 1st, 2024. Since then, RAAS shares have decreased by 44.4% and is now trading at $0.50.
View the best growth stocks for 2024 here.

How were Cloopen Group's earnings last quarter?

Cloopen Group Holding Limited (NYSE:RAAS) released its quarterly earnings data on Wednesday, June, 9th. The company reported ($1.71) earnings per share for the quarter, missing the consensus estimate of ($0.51) by $1.20. The business had revenue of $31.22 million for the quarter.

When did Cloopen Group's stock split?

Cloopen Group's stock reverse split before market open on 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 market closes 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.

When did Cloopen Group IPO?

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

How do I buy shares of Cloopen Group?

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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What other stocks do shareholders of Cloopen Group own?

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: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:RAAS
• CUSIP: N/A
• CIK: 1804583
• Web: www.yuntongxun.com
• Phone: 86-10-5282-3178
• Fax: N/A
• Employees: 1,397
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.01 billion
• Price / Sales: 0.03
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.06 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 53,280,000
• Free Float: 50,200,000
• Market Cap: $26.64 million
• Optionable: Not Optionable
• Beta: 0.54