How have RAAS shares performed in 2024?

Cloopen Group's stock was trading at $0.90 at the beginning of 2024. Since then, RAAS shares have decreased by 66.7% and is now trading at $0.30. View the best growth stocks for 2024 here .

How were Cloopen Group's earnings last quarter?

Cloopen Group Holding Limited (NYSE:RAAS) issued its quarterly earnings results on Wednesday, June, 9th. The company reported ($1.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by $1.20. The company had revenue of $31.22 million for 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 closing bell 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?

Cloopen Group (RAAS) raised $280 million in an initial public offering 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.

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

NYSE:RAAS

Cloopen Group (RAAS) Stock Price, News & Analysis

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$0.30

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.30
▼
$0.35
50-Day Range: $0.00
▼
$1.13
52-Week Range: $1.11
▼
$3.96

Volume: 33,026 shs
Average Volume: N/A
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Stock Analysis Chart Competitors Financials Ownership SEC Filings Social Media

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About Cloopen Group Stock (NYSE:RAAS)

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.

RAAS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RAAS Stock News Headlines

April 13, 2024 | americanbankingnews.com

Cloopen Group (NYSE:RAAS) Stock Price Up 29,999,900%

February 19, 2024 | seekingalpha.com

Cloopen Closes The Book On Fraud Case, Looks To Rebuild

April 19, 2024 | InvestorPlace (Ad)

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August 3, 2023 | uk.investing.com

Cloopen Group Holding Ltd (RAASY)

June 26, 2023 | wsj.com

Shanghai RAAS Blood Products Co. Ltd.

May 18, 2023 | finance.yahoo.com

Cloopen Receives Notice from the NYSE to Suspend Trading and Commence Delisting Proceedings

May 17, 2023 | technews.tmcnet.com

NYSE to Suspend Trading in Cloopen Group Holding Limited (RAAS) and Commence Delisting Proceedings

May 17, 2023 | marketwatch.com

Trading Cloopen Group Shares Halted as Filing Deadline Looms >RAAS

April 19, 2024 | InvestorPlace (Ad)

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April 30, 2023 | seekingalpha.com

Cloopen Is The Weirdest Buy Ever

March 3, 2023 | finance.yahoo.com

Cloopen Announces ADS Ratio Change

February 3, 2023 | finance.yahoo.com

Cloopen Announces the Appointment of HKCM as Independent Auditor

November 18, 2022 | finance.yahoo.com

Cloopen Receives NYSE's Grant of Extension Regarding Delayed Filing of 2021 Annual Report

September 16, 2022 | seekingalpha.com

Cloopen: A Clean Cloud, Or Still Under Stormy Skies?

September 7, 2022 | finance.yahoo.com

Cloopen Regains Compliance with NYSE Minimum Price Requirement

September 6, 2022 | finance.yahoo.com

Cloopen Announces the Substantial Completion of the Independent Internal Investigation

July 19, 2022 | finance.yahoo.com

Cloopen Announces the Appointment of Yu CPA as Independent Auditor

June 29, 2022 | finance.yahoo.com

Cloopen Receives NYSE Non-compliance Letter Regarding ADS Trading Price

May 20, 2022 | seekingalpha.com

Cloopen receives NYSE notice regarding delayed filing of 2021 annual report

May 20, 2022 | finance.yahoo.com

Cloopen Receives Notification from NYSE Regarding Delayed Filing of 2021 Annual Report

May 18, 2022 | finance.yahoo.com

Cloopen Announces Changes in Independent Directors

February 9, 2022 | apnews.com

FILING DEADLINE TODAY: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cloopen Group Holding Limited - RAAS

February 8, 2022 | stockhouse.com

RAAS Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Cloopen Group Holding Limited Investors With Losses Exceeding $200K of Class Action

February 7, 2022 | stockhouse.com

Deadline Tomorrow Reminder: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of $100,000 to Contact the Firm

February 6, 2022 | prnewswire.com

Investor Alert: Kessler Topaz Meltzer & Check, LLP Reminds Cloopen Group Holding Limited (RAAS) Investors with Substantial Losses to Contact the Firm

February 4, 2022 | benzinga.com

RAAS Deadline Alert: Bronstein, Gewirtz & Grossman, LLC, A Nationally Recognized Firm Reminds Cloopen Group Holding Limited Investors With Losses Exceeding $200K of Class Action and Lead Plaintiff Deadline: February 8, 2022

February 1, 2022 | stockhouse.com

7-Day Deadline Reminder: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of $100,000 to Contact the Firm

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Company Calendar

Last Earnings: 6/09/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NYSE:RAAS
CUSIP: N/A
CIK: 1804583
Web: www.yuntongxun.com
Phone: 86-10-5282-3178
Fax: N/A
Employees: 1,424
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $118.11 million
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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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

Key Competitors

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RAAS Stock Analysis - Frequently Asked Questions

How have RAAS shares performed in 2024?: Cloopen Group's stock was trading at $0.90 at the beginning of 2024. Since then, RAAS shares have decreased by 66.7% and is now trading at $0.30.
View the best growth stocks for 2024 here.
How were Cloopen Group's earnings last quarter?: Cloopen Group Holding Limited (NYSE:RAAS) issued its quarterly earnings results on Wednesday, June, 9th. The company reported ($1.71) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.51) by $1.20. The company had revenue of $31.22 million for 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 closing bell 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?: Cloopen Group (RAAS) raised $280 million in an initial public offering 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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RAAS) was last updated on 4/19/2024 by MarketBeat.com Staff

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