After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
RingCentral Inc is listed on the NYSE as a member of the Technology sector and is a part of the Software – Application industry. The current market capitalization of RingCentral Inc is $3.49B. A total of 0.97 million shares were traded on the day, compared to an average of 1.33M shares.
In the most recent transaction, Marlow John H sold 23,284 shares of RNG for 34.96 per share on Nov 21 ’24. After the transaction, the SVP, CAdO & GENERAL COUNSEL now owns 357,818 company shares. In a previous transaction on Nov 22 ’24, Marlow John H sold 14,229 shares at 36.59 per share. RNG shares that SVP, CAdO & GENERAL COUNSEL owns now total 343,589.
Among the insiders who sold shares, Shmunis Vladimir disposed of 66,451 shares on Nov 21 ’24 at a per-share price of $34.96. This resulted in the CEO and Chairman holding 479,468 shares of RNG after the transaction. In another insider transaction, Shmunis Vladimir sold 32,013 shares at $36.58 per share on Nov 22 ’24. Company shares held by the CEO and Chairman now total 447,455.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RNG has a high of $40.98 and a low of $26.98.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RNG’s latest balance sheet shows that the firm has $267.16M in Cash & Short Term Investments as of fiscal 2021. There were $1.45B in debt and $526.27M in liabilities at the time. Its Book Value Per Share was -$6.03, while its Total Shareholder’s Equity was $338.97M.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RNG is Buy with a score of 3.79.
