Cloopen Group (NYSE:RAAS) Trading Up 12.5% – Time to Buy?

Cloopen Group Holding Limited (NYSE:RAASGet Free Report)’s stock price rose 12.5% during trading on Wednesday . The company traded as high as $0.45 and last traded at $0.45. Approximately 917 shares traded hands during mid-day trading, The stock had previously closed at $0.40.

Cloopen Group Price Performance

The company has a 50 day simple moving average of $0.29 and a 200-day simple moving average of $0.28.

About Cloopen Group

(Get Free Report)

Cloopen Group Holding Limited, through its subsidiaries, provides cloud communication services in the People's Republic of China. It offers River Soldier CRM, an intelligent marketing system and digital operation management platform; AI vision technology; Ladder AI Kernal, a natural language processing technology; Smart IVR, an intelligent navigation robot; Rongxi assistive robot technology; and Rongxi sparring robot that helps enterprises solve problems.

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