|Bid||51.09 x 900|
|Ask||52.13 x 800|
|Day's Range||51.50 - 52.22|
|52 Week Range||47.28 - 315.00|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A technology firm in Durham that's saddled with debt is planning aggressive action to cut expenses, meaning layoffs are likely, after reporting an operating loss of $1.4 billion.
The average of price targets set by Wall Street analysts indicates a potential upside of 63.9% in RingCentral (RNG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
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