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 $6.21. So far today approximately 279,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
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, Cloopen Group Holding Limited American Depositary Shares each representing two Class A share prices are bracketed by a current low of $6.21 and a high of $59.00 and is now at $6.46.
Based on a current price of $6.46, Cloopen Group Holding Limited American Depositary Shares each representing two Class A is currently 37.3% above its average consensus analyst price target of $4.05.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer