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AMD   121.05 (+2.73%)
T   16.07 (-0.25%)
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MU   65.32 (-2.59%)
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NYSE:RAAS

Cloopen Group (RAAS) Stock Forecast, Price & News

$0.20
+0.20 (+20,000.00%)
(As of 06/8/2023 ET)
Compare
Today's Range
$0.11
$0.20
50-Day Range
$0.80
$2.19
52-Week Range
$1.11
$3.96
Volume
2,320 shs
Average Volume
N/A
Market Capitalization
N/A
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 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.

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RAAS Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Cloopen Is The Weirdest Buy Ever
Cloopen Group (NYSE:RAAS) Stock Price Up 17.7%
Cloopen Announces ADS Ratio Change
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Cloopen: A Clean Cloud, Or Still Under Stormy Skies?
Cloopen Announces Changes in Independent Directors
See More Headlines

RAAS Price History

RAAS Company Calendar

Last Earnings
6/09/2021
Today
6/08/2023
Fiscal Year End
12/31/2023

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
Optionable
Not Optionable
Beta
0.53

Key Executives

  • Mr. Changxun Sun (Age 47)
    CEO & Chairman
  • Mr. Yipeng Li (Age 46)
    CFO & Director
  • Mr. Xiegang Xiong (Age 53)
    CTO, Chief Product Officer & Director
  • Mr. Cheng Luo (Age 40)
    Chief Exec. Officer Assistant & Director













RAAS Stock - Frequently Asked Questions

Are investors shorting Cloopen Group?

Cloopen Group saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 44,600 shares, an increase of 14.7% from the April 15th total of 38,900 shares. Based on an average daily volume of 50,300 shares, the short-interest ratio is currently 0.9 days.
View Cloopen Group's Short Interest
.

How were Cloopen Group's earnings last quarter?

Cloopen Group Holding Limited (NYSE:RAAS) issued its quarterly earnings data on Wednesday, June, 9th. The company reported ($1.71) earnings per share for the quarter, missing analysts' consensus estimates of ($0.51) by $1.20. The company earned $31.22 million during the quarter.

When did Cloopen Group's stock split?

Cloopen Group's stock reverse split on the morning of 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?

(RAAS) raised $280 million in an initial public offering on Tuesday, February 9th 2021. The company issued 20,000,000 shares at $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 shareholders include TB Alternative Assets Ltd. (0.00%), Renaissance Technologies LLC (0.06%), Susquehanna International Group LLP (0.04%) and State Street Corp (0.03%).

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.

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 6/8/2023 by MarketBeat.com Staff

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