Shares of RingCentral, Inc. (RNG) have traded between $83.53 – 187.62. The next earnings date is set for Feb 10, 2020. Let’s see how its prospects are shaping up.

What does RingCentral, Inc.(RNG) do?

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. Its solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones; and allow for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

RNG Insider Trading Insight

On 2019-12-18, Agarwal Vaibhav Chief Accounting Officer sold 411 shares of RNG. That represents a value of $19,335. Not to be outdone, on 2019-12-09, Shmunis Vladimir S – Sale+OE sold75,000 shares of RNG. These insiders are clearly in the know because they work closely with the company.

The CNR Consensus Price Target

The mean recommendation of Cornerstone Building Brands, Inc. from top Wall Street analysts is a Hold. That is based on 1 analysts who work on the Street. Based on 1 analyst offering 12 month price targets for Cornerstone Building Brands in the last 3 months. The average price target is $9.00 with a high forecast of $9.00 and a low forecast of $9.00. The average price target represents a 6.13% increase from the last price of $8.48. Last week, several articles were published in financial papers about CNR and 37% Bearish while 63% Bullish.

CNR Intraday Trading

CNR is due to report earnings on Nov 06, 2019. In the last year the price has ranged from 3.75 – 9.31. Recently, Lee Jeffrey S. purchased 23,000 shares of CNR. He is a $112,258 shareholder in CNR.

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