(VIANEWS) – Shares of Ringcentral (NYSE Composite: RNG) fell 7.64% to $183.49 at 11:03 EST on Friday, after five sequential sessions in a row of losses. NYSE Composite is sliding 0.45% to $16,400.62, following the last session’s upward trend. This seems, as yet, a somewhat down trend exchanging session today.
Ringcentral’s last close was $198.67, 55.75% under its 52-week high of $449.00.
Today’s last reported volume for Ringcentral is 481295 which is 63.45% below its average volume of 1317011.
Ringcentral’s sales growth is 29.4% for the ongoing quarter and 25.3% for the next. The company’s growth estimates for the current quarter and the next is 26.9% and 24.1%, respectively.
Year-on-year quarterly revenue growth grew by 36.4%, now sitting on 1.37B for the twelve trailing months.
Ringcentral’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.67%, a negative 1.39%, and a positive 3.02%, respectively.
Ringcentral’s highest amplitude of average volatility was 4.67% (last week), 4.10% (last month), and 3.02% (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 $183.49 at 11:03 EST, way below 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.
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