Hot Stock for Investors: Ringcentral, Inc. (NYSE:RNG)

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Ringcentral, Inc. (NYSE:RNG) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Ringcentral, Inc. (NYSE:RNG) lost -1.94 Percent and closed its previous trading session at $75. The stock traded with the average Volume of 840.61 Million at the end of last session.

Ringcentral, Inc. (NYSE:RNG) has the Market Capitalization of 6.02 Billion. The Stock has its 52-week High of $98.15 and 52-Week Low of $40.35 and it touched its 52-week high on 09/13/18 and 52-Week Low on 10/19/17

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The company reported its last earnings Actual EPS of $0.19/share. While, the analyst predicted that the company could provide an EPS of $0.15/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 26.7 Percent.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Ringcentral, Inc. (NYSE:RNG) as Buy, 0 analysts given Outperform signal, 0 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -15.98% where SMA50 and SMA200 are -16.28% and 3.77% respectively.

The company shows its Return on Assets (ROA) value of -4.1%. The Return on Equity (ROE) value stands at -9.5%. While it’s Return on Investment (ROI) value is -29.7%.

Ringcentral, Inc. (NYSE:RNG) currently has a Weekly Volatility of 5.83% percent while its Monthly Volatility is at 4.09% percent. While talking about Performance of the Stock, Ringcentral, Inc. currently has a Weekly performance of -11.61%, monthly performance percentage is -22.56 percent, Quarterly performance is -4.64 percent, 6 months performance shows a percent value of 13.38% and Yearly Performance is 72.81 percent.

Company Profile:

RingCentral, Inc. provides solutions for business communications primarily in the United States. The Company’s products include RingCentral Office, RingCentral Mobile and RingCentral Fax. It provides solutions such as auto-receptionist, flexible extension structure, multiple voicemail boxes, smart call routing, business answering rules, extension dialing, call transfers and elegant integration with Smartphones. RingCentral, Inc. is headquartered in San Mateo, California.

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