Cloopen Group Holding Limited (RAAS)

NYSE: RAAS · IEX Real-Time Price · USD
1.05
+0.04 (3.96%)
At close: Aug 19, 2022 4:00 PM
1.03
-0.02 (-1.90%)
After-hours: Aug 19, 2022 7:00 PM EDT
3.96%
Market Cap 172.59M
Revenue (ttm) 157.09M
Net Income (ttm) -998.23M
Shares Out 164.37M
EPS (ttm) -8.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 68,924
Open 1.05
Previous Close 1.01
Day's Range 1.00 - 1.05
52-Week Range 0.55 - 6.64
Beta n/a
Analysts Buy
Price Target 8.15 (+676.2%)
Earnings Date Aug 17, 2022

About RAAS

Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communications solutions in the People's Republic of China. The company offers a suite of cloud-based communications solutions, which include communications platform as a service solution that provides application programing interfaces and software development kits to embed messaging, voice call, audio and video, instant messaging, and other communications into enterprises' applications, services, and/or business processes; cloud-based contact centers, which offers Ro... [Read more...]

Industry Software-Application
IPO Date Feb 9, 2021
Employees 1,194
Stock Exchange NYSE
Ticker Symbol RAAS
Full Company Profile

Financial Performance

In 2020, RAAS's revenue was 767.69 million, an increase of 18.05% compared to the previous year's 650.28 million. Losses were -3.83 billion, 1,113.2% more than in 2019.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for RAAS stock is "Buy." The 12-month stock price forecast is 8.15, which is an increase of 676.19% from the latest price.

Price Target
$8.15
(676.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cloopen Announces the Appointment of Yu CPA as Independent Auditor

BEIJING , July 19, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced the appointment of Yu Certified Public Accountant, P.C. ("Yu CPA") as the ...

Cloopen Receives NYSE Non-compliance Letter Regarding ADS Trading Price

BEIJING , June 29, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it received a letter from the New York Stock Exchange (the "NYSE") da...

Cloopen Receives Notification from NYSE Regarding Delayed Filing of 2021 Annual Report

BEIJING , May 20, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that, on May 18, 2022, it received a letter from the New York Stock Exchang...

Cloopen Announces Changes in Independent Directors

BEIJING , May 18, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced changes in independent directors of the Company. The Company received a let...

Cloopen Announced Formation of Independent Special Committee for Internal Investigation

BEIJING, May 3, 2022 /PRNewswire/ -- Cloopen Group Holding Limited (NYSE: RAAS) ("Cloopen" or the "Company") today announced that it has formed an independent special committee to investigate certain em...

Cloopen Update

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cloopen To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Cor...

Cloopen Class Action Reminder

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cloopen To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Cor...

Cloopen Shareholder Alert

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cloopen To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Cor...

Deadline Today Alert: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of $100,0...

Los Angeles, California--(Newsfile Corp. - February 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cloopen Group Ho...

RAAS Final Deadline Today: Rosen, Trusted and Top Ranked Investor Counsel, Encourages Cloopen Group Holding Limited I...

New York, New York--(Newsfile Corp. - February 8, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cloopen Group Holding Limited (NYSE: RAAS): (i) ...

RAAS Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Cloopen Group Holding Limited Investors With Losses E...

New York, New York--(Newsfile Corp. - February 8, 2022) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Cloopen Group Holding Limited ("Cloopen...

RAAS ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of February 8, 2022 in the Class Action Filed on B...

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Cloopen Group Holding Limited (NYSE: RAAS) alleging that the...

Deadline Tomorrow Reminder: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of ...

Los Angeles, California--(Newsfile Corp. - February 7, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cloopen Group Ho...

RAAS Final Deadline Tomorrow: Rosen, Globally Recognized Investor Counsel, Encourages Cloopen Group Holding Limited I...

New York, New York--(Newsfile Corp. - February 7, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cloopen Group Holding Limited (NYSE: RAAS): (i) ...

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Cloopen Investors of a Lead Plaintiff Deadline of February...

NEW YORK , Feb. 7, 2022 /PRNewswire/ -- Attention Cloopen Group Holding Limited ("Cloopen") (NYSE: RAAS) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced ...

Investor Alert: Kessler Topaz Meltzer & Check, LLP Reminds Cloopen Group Holding Limited (RAAS) Investors with Substa...

RADNOR, Pa. , Feb. 6, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cloopen Group...

FINAL DEADLINE: ROSEN, A TOP RANKED LAW FIRM, Encourages Cloopen Group Holding Limited Investors with Losses Exceedin...

New York, New York--(Newsfile Corp. - February 6, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cloopen Group Holding Limited (NYSE: RAAS): (i) ...

Deadline in 3 Days: Kessler Topaz Meltzer & Check, LLP Reminds Cloopen Group Holding Limited (RAAS) Investors of Fili...

RADNOR, Pa.--(BUSINESS WIRE)---- $RAAS--Kessler Topaz Meltzer & Check, LLP Reminds Cloopen Group Holding Limited (RAAS) Investors of Filing Deadline in Class Action Lawsuit

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cloopen Group Holding Limited - RAAS

NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cloopen Group Holding Limited ("Cloopen" or the "Company") (NYSE: RAAS). Such investors are advised...

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cloopen Gr...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 8, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investor...

RAAS SHAREHOLDER ALERT: Jakubowitz Law Reminds Cloopen Shareholders of a Lead Plaintiff Deadline of February 8, 2022

NEW YORK , Feb. 4, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Cloopen Group Holding Limited (NYSE: RAAS). To re...

ROSEN, A TOP RANKED LAW FIRM, Encourages Cloopen Group Holding Limited Investors with Losses Exceeding $100K to Secur...

New York, New York--(Newsfile Corp. - February 3, 2022) - WHY:  Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cloopen Group Holding Limited (NYSE: RAAS): (i)...

RAAS Investors Have Opportunity to Lead Cloopen Group Holding Limited Securities Fraud Lawsuit

BENSALEM, Pa., Feb. 3, 2022 /PRNewswire/ -- Law Offices of Howard G.

RAAS Upcoming Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Cloopen Group Holding Limited Investors With Losse...

New York, New York--(Newsfile Corp. - February 3, 2022) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Cloopen Group Holding Limited ("Cloopen...

SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Reminds RAAS Investors of Securities Fraud Class Action Lawsuit...

Radnor, Pennsylvania--(Newsfile Corp. - February 3, 2022) - The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed agai...