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Ringcentral In-A Shares Up 40.9% Since SmarTrend's Buy Recommendation (RNG)

By Shiri Gupta

SmarTrend identified an Uptrend for Ringcentral In-A (NYSE:RNG) on November 12th, 2019 at $171.98. In approximately 3 months, Ringcentral In-A has returned 40.94% as of today's recent price of $242.39.

Ringcentral In-A share prices have moved between a 52-week high of $246.46 and a 52-week low of $98.19 and are now trading 147% above that low price at $242.39 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.4% while the 200-day MA has risen 2.1%.

RingCentral, Inc. is a provider of software-as-a-service, solutions for business communications. The Company offers a multi-user, enterprise-grade communications solution that enables customers and their employees to communicate via voice, text, HD video and web conferencing, and fax on multiple devices, including smartphones, tablets, PCs, and desk phones.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ringcentral In-A shares.

Log in and add Ringcentral In-A (RNG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ringcentral in-a

Ticker(s): RNG