(VIANEWS) – The NYSE ended the session with Ringcentral jumping 14.98% to $30.47 on Wednesday, following the last session’s downward trend. NYSE dropped 0.02% to $15,349.17, following the last session’s downward trend on what was a somewhat bearish trend exchanging session today.
Ringcentral’s last close was $26.50, 65.09% below its 52-week high of $75.91.
About Ringcentral
RingCentral, Inc. provides cloud communications, video meetings, collaboration, and contact center software-as-a-service solutions worldwide. The company's products include RingCentral Message Video Phone (MVP) that provides a unified experience for communication and collaboration across multiple modes, including HD voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers AI powered omni-channel and workforce engagement solution with integrated RingCentral MVP; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes the company's RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral professional services. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. The company was incorporated in 1999 and is headquartered in Belmont, California.
Earnings Per Share
As for profitability, Ringcentral has a trailing twelve months EPS of $-9.46.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -689.33%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17%, now sitting on 1.99B for the twelve trailing months.
Sales Growth
Ringcentral’s sales growth is 12.9% for the ongoing quarter and 10.1% for the next.
Moving Average
Ringcentral’s worth is above its 50-day moving average of $30.01 and way under its 200-day moving average of $37.60.
Volume
Today’s last reported volume for Ringcentral is 6609860 which is 191.17% above its average volume of 2270070.
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