Shares of Cloopen Group Holding Limited Sponsored ADR (NYSE:RAAS – Get Free Report) rose 10% during trading on Friday . The company traded as high as $2.20 and last traded at $2.20. Approximately 28,074 shares were traded during mid-day trading, The stock had previously closed at $2.00.
Cloopen Group Trading Up 10.0%
The stock’s 50-day moving average is $1.58 and its two-hundred day moving average is $1.40.
Cloopen Group Company Profile
Cloopen Group (NYSE: RAAS) is a leading cloud communications provider offering enterprise-grade communications platform as a service (CPaaS) and contact center as a service (CCaaS) solutions. Leveraging proprietary cloud infrastructure and artificial intelligence capabilities, the company enables organizations to integrate voice, messaging, and multimedia interactions into their customer engagement workflows. Its modular platform supports outbound dialing, verified messaging, interactive voice response, video conferencing, and chatbot-driven automation.
The company’s product suite is designed to address customer service, marketing outreach, risk control, and verification needs across diverse industries.
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