Cloopen Group (NYSE:RAAS) Trading Down 3.7% – Should You Sell?

Shares of Cloopen Group Holding Limited Sponsored ADR (NYSE:RAASGet Free Report) were down 3.7% during trading on Friday . The stock traded as low as $1.24 and last traded at $1.30. Approximately 7,658 shares changed hands during mid-day trading, The stock had previously closed at $1.35.

Cloopen Group Price Performance

The company has a 50 day moving average of $1.44 and a 200 day moving average of $1.21.

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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