(VIANEWS) – Shares of Ringcentral (RNG) dropped 5.15% to $256.00 at 11:50 EST on Wednesday, following the last session’s upward trend. NYSE Composite is falling 0.37% to $16,652.00, after two sequential sessions in a row of losses. This seems, up to now, a somewhat down trend exchanging session today.

Ringcentral’s last close was $267.27, 40.47% below its 52-week high of $449.00.

Volume

Today’s last reported volume for Ringcentral is 1180954 which is 3.59% above its average volume of 1139987.

Ringcentral’s Sales

Ringcentral’s sales growth is 36.3% for the present quarter and 26.6% for the next. The company’s growth estimates for the ongoing quarter and the next is 16.7% and 19.2%, respectively.

Ringcentral’s Revenue

Year-on-year quarterly revenue growth grew by 32.3%, now sitting on 1.18B for the twelve trailing months.

Volatility

Ringcentral’s last week, last month’s, and last quarter’s current volatility was a positive 1.53%, a negative 0.54%, and a positive 2.40%, respectively.

Ringcentral’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 1.53% (last week), 2.31% (last month), and 2.40% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Ringcentral’s stock is considered to be oversold (<=20).

Ringcentral’s Stock Yearly Top and Bottom Value

Ringcentral’s stock is valued at $256.00 at 11:50 EST, way below its 52-week high of $449.00 and way above its 52-week low of $229.00.

Ringcentral’s Moving Average

Ringcentral’s value is below its 50-day moving average of $282.33 and way under its 200-day moving average of $313.86.

More news about Ringcentral (RNG).

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