Shares of Cloopen Group Holding Limited Sponsored ADR (NYSE:RAAS – Get Free Report) shot up 0.5% during trading on Thursday . The stock traded as high as $2.03 and last traded at $2.03. Approximately 1,531 shares changed hands during mid-day trading, The stock had previously closed at $2.02.
Cloopen Group Price Performance
The company’s 50 day simple moving average is $1.98 and its 200 day simple moving average is $2.00.
About Cloopen Group
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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