(VIANEWS) – Shares of Ringcentral (NYSE Composite: RNG) dropped 7.39% to $200.01 at 13:55 EST on Wednesday, after three sequential sessions in a row of losses. NYSE Composite is dropping 0% to $16,505.51, following the last session’s downward trend. This seems, so far, a somewhat bullish trend trading session today.

Ringcentral’s last close was $215.98, 51.9% below its 52-week high of $449.00.

Volume

Today’s last reported volume for Ringcentral is 771177 which is 40.09% below its average volume of 1287314.

Ringcentral’s Sales

Ringcentral’s sales growth is 29.4% for the present quarter and 25.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 26.9% and 24.1%, respectively.

Ringcentral’s Revenue

Year-on-year quarterly revenue growth grew by 36.4%, now sitting on 1.37B for the twelve trailing months.

Volatility

Ringcentral’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a negative 0.61%, and a positive 2.82%, respectively.

Ringcentral’s highest amplitude of average volatility was 1.04% (last week), 3.61% (last month), and 2.82% (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 overbought (>=80).

Ringcentral’s Stock Yearly Top and Bottom Value

Ringcentral’s stock is valued at $200.01 at 13:55 EST, under its 52-week low of $207.53.

Ringcentral’s Moving Average

Ringcentral’s value is way under its 50-day moving average of $233.34 and way under its 200-day moving average of $257.06.

More news about Ringcentral (RNG).

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