S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
High oil prices help Saudi Aramco earn $88B in first half
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Saudi oil company Aramco's half-year profits reach close to $88 billion after posting a 90% surge in second quarter
Average US gasoline price falls 45 cents to $4.10 per gallon
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
NYSE:RAAS

Cloopen Group - RAAS Stock Forecast, Price & News

$0.94
-0.03 (-3.10%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.92
$0.96
50-Day Range
$0.87
$1.31
52-Week Range
$0.55
$6.64
Volume
225,277 shs
Average Volume
124,773 shs
Market Capitalization
$150.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
RAAS stock logo

About Cloopen Group (NYSE:RAAS) Stock

Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communications solutions in the People's Republic of China. The company offers a suite of cloud-based communications solutions, which include communications platform as a service solution that provides application programing interfaces and software development kits to embed messaging, voice call, audio and video, instant messaging, and other communications into enterprises' applications, services, and/or business processes; cloud-based contact centers, which offers RongCC and 7moor Cloud solutions; and cloud-based unified communications and collaborations, such as RongVideo that provides instant messaging, audio and video conferencing, and telephony solutions. It serves a customer base consisting of enterprises of various industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy. The company was founded in 2012 and is headquartered in Beijing, China.

Cloopen Group Price Performance

Shares of NYSE:RAAS opened at $0.94 on Friday. Cloopen Group has a 52-week low of $0.55 and a 52-week high of $6.64. The firm has a fifty day moving average of $1.01 and a 200-day moving average of $1.38.

Receive RAAS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cloopen Group and its competitors with MarketBeat's FREE daily newsletter.

RAAS Stock News Headlines

Cloopen Announces Changes in Independent Directors
CLOOPEN GROUP SHAREHOLDER ALERT BY FORMER...
ROSEN, A LEADING LAW FIRM, Encourages Cloopen...
Cloopen Shareholder Notice
See More Headlines
Receive RAAS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cloopen Group and its competitors with MarketBeat's FREE daily newsletter.

RAAS Company Calendar

Last Earnings
6/09/2021
Today
8/14/2022
Next Earnings (Estimated)
8/17/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,194
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$117.65 million

Miscellaneous

Free Float
N/A
Market Cap
$150.10 million
Optionable
Not Optionable
Beta
-0.38














RAAS Stock - Frequently Asked Questions

How have RAAS shares performed in 2022?

Cloopen Group's stock was trading at $2.90 at the beginning of 2022. Since then, RAAS shares have decreased by 67.6% and is now trading at $0.9390.
View the best growth stocks for 2022 here
.

When is Cloopen Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our RAAS earnings forecast
.

How were Cloopen Group's earnings last quarter?

Cloopen Group Holding Limited (NYSE:RAAS) released its earnings results on Wednesday, June, 9th. The company reported ($0.57) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by $0.40. The business earned $31.22 million during the quarter.

When did Cloopen Group IPO?

(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 served as the underwriters for the IPO and Tiger Brokers and FUTU were co-managers.

What is Cloopen Group's stock symbol?

Cloopen Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "RAAS."

Who are Cloopen Group's major shareholders?

Cloopen Group's stock is owned by many different institutional and retail investors. Top institutional investors include TB Alternative Assets Ltd. (3.61%), Renaissance Technologies LLC (0.49%) and Concourse Financial Group Securities Inc. (0.00%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cloopen Group's stock price today?

One share of RAAS stock can currently be purchased for approximately $0.94.

How much money does Cloopen Group make?

Cloopen Group (NYSE:RAAS) has a market capitalization of $150.10 million and generates $117.65 million in revenue each year. The company earns $-75,430,000.00 in net income (profit) each year or ($15.64) on an earnings per share basis.

How many employees does Cloopen Group have?

The company employs 1,194 workers across the globe.

How can I contact Cloopen Group?

Cloopen Group's mailing address is 16/F TOWER A FAIRMONT TOWER 33 GUANGSHUN N AVENUE CHAOYANG DISTRICT, BEIJING F4, 100102. The official website for the company is www.yuntongxun.com. The company can be reached via phone at 86-10-5282-3178 or via email at ir@yuntongxun.com.

This page (NYSE:RAAS) was last updated on 8/14/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.