Shares of Ringcentral fell by a staggering 23.05% in 14 days from $339.56 to $261.29 at 23:46 EST on Thursday, after four consecutive sessions in a row of losses. NYSE Composite is jumping 0.68% to $16,459.60, after two consecutive sessions in a row of gains.
Ringcentral’s last close was $290.96, 71.84% under its 52-week high of $449.00.
Ringcentral’s sales growth is 34.4% for the current quarter and 25% for the next. The company’s growth estimates for the present quarter and the next is 12.5% and 23.1%, respectively.
Year-on-year quarterly revenue growth grew by 32.3%, now sitting on 1.18B for the twelve trailing months.
Ringcentral’s Stock Yearly Top and Bottom Value
Ringcentral’s stock is valued at $261.29 at 23:46 EST, way below its 52-week high of $449.00 and way above its 52-week low of $194.99.
Ringcentral’s Moving Average
Ringcentral’s worth is way below its 50-day moving average of $345.77 and way under its 200-day moving average of $333.62.
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