On Tuesday, RingCentral Inc (NYSE: RNG) opened higher 0.08% from the last session, before settling in for the closing price of $25.74. Price fluctuations for RNG have ranged from $20.58 to $42.19 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 22.05% over the last five years. Company’s average yearly earnings per share was noted 13.68% at the time writing. With a float of $79.19 million, this company’s outstanding shares have now reached $80.91 million.
The firm has a total of 4260 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.61%, operating margin of 0.35%, and the pretax margin is -1.97%.
RingCentral Inc (RNG) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of RingCentral Inc is 12.71%, while institutional ownership is 92.13%. The most recent insider transaction that took place on Mar 04 ’25, was worth 40,344. In this transaction Director of this company sold 1,457 shares at a rate of $27.69, taking the stock ownership to the 27,233 shares. Before that another transaction happened on Feb 28 ’25, when Company’s CTrO and Deputy CFO sold 24,784 for $28.63, making the entire transaction worth $709,566. This insider now owns 120,323 shares in total.
RingCentral Inc (RNG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 13.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.76% during the next five years compared to 0.38% growth over the previous five years of trading.
RingCentral Inc (NYSE: RNG) Trading Performance Indicators
Check out the current performance indicators for RingCentral Inc (RNG). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97. Likewise, its price to free cash flow for the trailing twelve months is 5.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.96 in the next quarter and is forecasted to reach 4.67 in one year’s time.
Technical Analysis of RingCentral Inc (RNG)
Analysing the last 5-days average volume posted by the [RingCentral Inc, RNG], we can find that recorded value of 0.96 million was lower than the volume posted last year of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 83.26%. Additionally, its Average True Range was 1.05.
During the past 100 days, RingCentral Inc’s (RNG) raw stochastic average was set at 23.95%, which indicates a significant decrease from 87.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.17% in the past 14 days, which was lower than the 44.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.68, while its 200-day Moving Average is $32.04. Now, the first resistance to watch is $26.19. This is followed by the second major resistance level at $26.61. The third major resistance level sits at $27.07. If the price goes on to break the first support level at $25.31, it is likely to go to the next support level at $24.85. Should the price break the second support level, the third support level stands at $24.43.
RingCentral Inc (NYSE: RNG) Key Stats
There are currently 90,722K shares outstanding in the company with a market cap of 2.34 billion. Presently, the company’s annual sales total 2,400 M according to its annual income of -58,290 K. Last quarter, the company’s sales amounted to 614,510 K and its income totaled -7,190 K.
