Cloopen Group Holding Limited Sponsored ADR (NYSE:RAAS – Get Free Report)’s stock price dropped 1% during mid-day trading on Thursday . The stock traded as low as $1.98 and last traded at $1.99. 1,806 shares changed hands during trading, The stock had previously closed at $2.01.
Cloopen Group Stock Down 1.0%
The firm’s 50-day moving average is $1.96 and its 200 day moving average is $1.95.
Cloopen Group Company Profile
Cloopen Group (NYSE: RAAS) is a leading cloud communications provider offering enterprise-grade communications platform as a service (CPaaS) and contact center as a service (CCaaS) solutions. Leveraging proprietary cloud infrastructure and artificial intelligence capabilities, the company enables organizations to integrate voice, messaging, and multimedia interactions into their customer engagement workflows. Its modular platform supports outbound dialing, verified messaging, interactive voice response, video conferencing, and chatbot-driven automation.
The company’s product suite is designed to address customer service, marketing outreach, risk control, and verification needs across diverse industries.
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