(VIANEWS) – Shares of Ringcentral (NYSE: RNG) dropped 8.74% to $63.24 at 13:07 EST on Monday, after four consecutive sessions in a row of losses. NYSE is rising 0.14% to $15,278.98, after two consecutive sessions in a row of gains. This seems, up to now, a somewhat positive trend exchanging session today.
Ringcentral’s last close was $103.44, 68.32% below its 52-week high of $326.52.
Volume
Today’s last reported volume for Ringcentral is 1147986 which is 25.12% below its average volume of 1533275.
Ringcentral’s Sales
Ringcentral’s sales growth is 30% for the current quarter and 32.4% for the next. The company’s growth estimates for the current quarter and the next is 27.6% and 22.2%, respectively.
Ringcentral’s Revenue
Year-on-year quarterly revenue growth grew by 34.1%, now sitting on 1.59B for the twelve trailing months.
Ringcentral’s Stock Yearly Top and Bottom Value
Ringcentral’s stock is valued at $63.24 at 13:07 EST, way under its 52-week low of $83.07.
Ringcentral’s Moving Average
Ringcentral’s value is way below its 50-day moving average of $114.49 and way below its 200-day moving average of $193.73.
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