(VIANEWS) – Shares of Ringcentral (NYSE: RNG) fell 8.07% to $48.76 at 15:40 EST on Thursday, after four consecutive sessions in a row of gains. NYSE is dropping 0.12% to $15,249.33, following the last session’s upward trend. This seems, at the moment, a somewhat negative trend exchanging session today.
Ringcentral’s last close was $53.04, 83.16% under its 52-week high of $315.00.
Today’s last reported volume for Ringcentral is 2438512 which is 14.27% above its average volume of 2133954.
Ringcentral’s sales growth is 26.3% for the present quarter and 29.8% for the next. The company’s growth estimates for the current quarter and the next is 25% and 30.6%, respectively.
Year-on-year quarterly revenue growth grew by 34.1%, now sitting on 1.59B for the twelve trailing months.
Ringcentral’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.13%, a negative 0.52%, and a positive 5.18%, respectively.
Ringcentral’s highest amplitude of average volatility was 3.48% (last week), 4.68% (last month), and 5.18% (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 $48.76 at 15:40 EST, way below its 52-week high of $315.00 and higher than its 52-week low of $48.53.
Ringcentral’s Moving Average
Ringcentral’s worth is way below its 50-day moving average of $66.08 and way under its 200-day moving average of $152.65.
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