Cloopen Group (NYSE:RAAS) Shares Up 4.6% – Here’s Why

Cloopen Group Holding Limited (NYSE:RAASGet Free Report)’s stock price shot up 4.6% during mid-day trading on Friday . The company traded as high as $0.68 and last traded at $0.68. 4,972 shares traded hands during mid-day trading, The stock had previously closed at $0.65.

Cloopen Group Price Performance

The business’s 50 day moving average is $0.31 and its 200-day moving average is $0.34.

Cloopen Group Company Profile

(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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