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Cloopen Group (NYSE:RAAS) Stock Price Down 13.6% - Here's What Happened

Cloopen Group logo with Computer and Technology background

Cloopen Group Holding Limited (NYSE:RAAS - Get Free Report) dropped 13.6% during mid-day trading on Monday . The stock traded as low as $0.95 and last traded at $0.95. Approximately 499 shares traded hands during mid-day trading, The stock had previously closed at $1.10.

Cloopen Group Price Performance

The firm's fifty day simple moving average is $1.17 and its 200-day simple moving average is $0.71.

About Cloopen Group

(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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