Shares of Cloopen Group Holding Limited American Depositary Shares each representing two Class A (NYSE:RAAS) traded at a new 52-week low today of $4.50. This new low was reached on below average trading volume as 398,000 shares traded hands, while the average 30-day volume is approximately 834,000 shares.
Cloopen Group Holding Limited American Depositary Shares each representing two Class A (NYSE:RAAS) is currently priced 43.6% above its average consensus analyst price target of $2.94.
Cloopen Group Holding Ltd offers cloud-based communications solutions, according to the same source, covering communications platform as a service, or CPaaS, cloud-based contact centers, or cloud-based CC, and cloud-based unified communications and collaborations, or cloud-based UC&C. The company serves a customer base consisting of enterprises across a variety of industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy.
In the past 52 weeks, shares of Cloopen Group Holding Limited American Depositary Shares each representing two Class A have traded between the current low of $4.50 and a high of $59.00 and is now at $5.22.
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