RNG (RingCentral Inc) dropped -4.47 at the last close: Is This Today’s Most Popular Stock?

Sana Meer

On Friday, RingCentral Inc (NYSE: RNG) was -4.47% drop from the session before settling in for the closing price of $28.88. A 52-week range for RNG has been $20.58 – $37.23.

Technology Sector giant saw their annual sales surged by 0.38% over the last five years. When this article was written, the company’s average yearly earnings per share was at 16.88%. With a float of $68.11 million, this company’s outstanding shares have now reached $76.76 million.

RingCentral Inc (RNG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward RingCentral Inc stocks. The insider ownership of RingCentral Inc is 20.45%, while institutional ownership is 102.78%. The most recent insider transaction that took place on Jan 02 ’26, was worth 40,490. Before that another transaction happened on Jan 02 ’26, when Company’s Director proposed sale 2,805 for $28.88, making the entire transaction worth $81,008.

RingCentral Inc (RNG) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0.98 earnings per share (EPS) during the time that was better than consensus figure (set at 0.97) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.1 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.00% during the next five years compared to 0.38% growth over the previous five years of trading.

RingCentral Inc (NYSE: RNG) Trading Performance Indicators

You can see what RingCentral Inc (RNG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95. Likewise, its price to free cash flow for the trailing twelve months is 4.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 1.14 in the next quarter and is forecasted to reach 4.80 in one year’s time.

Technical Analysis of RingCentral Inc (RNG)

As of the previous 9 days, the stock’s Stochastic %D was 4.62%.

During the past 100 days, RingCentral Inc’s (RNG) raw stochastic average was set at 27.23%, which indicates a significant increase from 6.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.84 in the past 14 days, which was lower than the 0.97 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.75, while its 200-day Moving Average is $27.78. Now, the first resistance to watch is $28.70. This is followed by the second major resistance level at $29.81. The third major resistance level sits at $30.49. If the price goes on to break the first support level at $26.91, it is likely to go to the next support level at $26.23. Now, if the price goes above the second support level, the third support stands at $25.12.

RingCentral Inc (NYSE: RNG) Key Stats

There are 86,565K outstanding shares of the company, which has a market capitalization of 2.36 billion. As of now, sales total 2,400 M while income totals -58,290 K. Its latest quarter income was 638,660 K while its last quarter net income were 17,560 K.

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