In the past week, RNG stock has gone up by 9.42%, with a monthly gain of 15.98% and a quarterly plunge of -16.44%. The volatility ratio for the week is 2.80%, and the volatility levels for the last 30 days are 4.18% for RingCentral Inc The simple moving average for the last 20 days is 14.93% for RNG stock, with a simple moving average of -11.59% for the last 200 days.
Is It Worth Investing in RingCentral Inc (NYSE: RNG) Right Now?
Additionally, the 36-month beta value for RNG is 1.28. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 11 rating it as “hold,” and 1 rating it as “sell.”
The public float for RNG is 79.19M and currently, short sellers hold a 8.31% ratio of that float. The average trading volume of RNG on May 09, 2025 was 1.59M shares.
RNG) stock’s latest price update
The stock of RingCentral Inc (NYSE: RNG) has increased by 5.93 when compared to last closing price of 26.67. Despite this, the company has experienced a 9.42% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-05-08 that RingCentral, Inc. (NYSE:RNG ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Vaibhav Agarwal – Deputy Chief Financial Officer Vlad Shmunis – Founder, Chairman and Chief Executive Officer Kira Makagon – President and Chief Operating Officer Abhey Lamba – Chief Financial Officer Conference Call Participants Meta Marshall – Morgan Stanley Kash Rangan – Goldman Sachs Billy Fitzsimmons – Jefferies Peter Levine – Evercore ISI Jessica Wang – Raymond James Catherine Trebnick – Rosenblatt Ronit Shah – Wells Fargo Operator Good day, and welcome to the RingCentral First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
Analysts’ Opinion of RNG
Barclays, on the other hand, stated in their research note that they expect to see RNG reach a price target of $37, previously predicting the price at $45. The rating they have provided for RNG stocks is “Equal Weight” according to the report published on January 27th, 2025.
Wells Fargo gave a rating of “Underweight” to RNG, setting the target price at $30 in the report published on January 07th of the current year.
RNG Trading at 10.44% from the 50-Day Moving Average
After a stumble in the market that brought RNG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.04% of loss for the given period.
Volatility was left at 4.18%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares surge +21.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.15% lower at present.
During the last 5 trading sessions, RNG rose by +8.38%, which changed the moving average for the period of 200-days by -13.92% in comparison to the 20-day moving average, which settled at $24.57. In addition, RingCentral Inc saw -19.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RNG starting from THEIS ROBERT I, who sale 1,457 shares at the price of $27.69 back on Mar 04 ’25. After this action, THEIS ROBERT I now owns 27,233 shares of RingCentral Inc, valued at $40,344 using the latest closing price.
Agarwal Vaibhav, the CTrO and Deputy CFO of RingCentral Inc, sale 24,784 shares at $28.63 during a trade that took place back on Feb 28 ’25, which means that Agarwal Vaibhav is holding 120,323 shares at $709,566 based on the most recent closing price.
Stock Fundamentals for RNG
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.71 for the gross margin
The net margin for RingCentral Inc stands at -0.02. The total capital return value is set at 0.01.
Based on RingCentral Inc (RNG), the company’s capital structure generated -1.5 points at debt to capital in total, while cash flow to debt ratio is standing at 2.28. The debt to equity ratio resting at -0.6. The interest coverage ratio of the stock is 0.13.
Currently, EBITDA for the company is 240.38 million with net debt to EBITDA at -0.13. When we switch over and look at the enterprise to sales, we see a ratio of 1.05. The receivables turnover for the company is 6.21for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.
Conclusion
In conclusion, RingCentral Inc (RNG) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
