Cloopen Group (NYSE:RAAS) Trading Up 10% – Here’s What Happened

Cloopen Group Holding Limited Sponsored ADR (NYSE:RAASGet Free Report)’s stock price rose 10% during mid-day trading on Friday . The stock traded as high as $2.20 and last traded at $2.20. Approximately 28,074 shares changed hands during mid-day trading, The stock had previously closed at $2.00.

Cloopen Group Stock Up 10.0%

The company’s 50 day moving average price is $1.58 and its two-hundred day moving average price is $1.40.

About Cloopen Group

(Get Free Report)

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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