Cloopen Group Holding Limited (RAAS) 20 Days SMA touch 2.76%: Odds are Looking very much in favour
Cloopen Group Holding Limited (NYSE: RAAS) open the trading on June 09, 2021, with great promise as it jumped 2.97% to $9.71. During the day, the stock rose to $10.35 and sunk to $9.47 before settling in for the price of $9.43 at the close. Taking a more long-term approach, RAAS posted a 52-week range of $8.37-$59.00.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 99.20%. This publicly-traded company’s shares outstanding now amounts to $166.86 million, simultaneously with a float of $67.89 million. The organization now has a market capitalization sitting at $1.62 billion. At the time of writing, stock’s 50-day Moving Average stood at $10.54.
Cloopen Group Holding Limited (RAAS) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2020 suggests? It has posted -$11.76 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.03) by -$11.73. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
Cloopen Group Holding Limited’s EPS increase for this current 12-month fiscal period is 99.20% and is forecasted to reach -0.06 in the upcoming year.
Cloopen Group Holding Limited (NYSE: RAAS) Trading Performance Indicators
Let’s observe the current performance indicators for Cloopen Group Holding Limited (RAAS). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.11.
Technical Analysis of Cloopen Group Holding Limited (RAAS)
[Cloopen Group Holding Limited, RAAS] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 36.79% While, its Average True Range was 0.77.