Additionally, the 36-month beta value for RNG is 1.29. 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 77.96M and currently, short sellers hold a 7.76% ratio of that float. The average trading volume of RNG on July 03, 2025 was 1.20M shares.
RNG) stock’s latest price update
The stock of RingCentral Inc (NYSE: RNG) has increased by 0.79% when compared to last closing price of $29.24.Despite this, the company has seen a gain of 9.11% in its stock price over the last five trading days. globenewswire.com reported 2025-07-01 that LOVELAND, Ohio, July 01, 2025 (GLOBE NEWSWIRE) — Cold Jet, the global leader in dry ice production systems, announced a groundbreaking initiative designed to transform renewable natural gas (RNG) biomethane sites worldwide into dual-purpose revenue generators. By integrating carbon capture and liquefaction technology with its highly efficient dry ice production solutions, RNG facilities can now monetize their CO2 emissions, creating substantial new income streams from high-demand industrial applications.
RNG’s Market Performance
RingCentral Inc (RNG) has experienced a 9.11% rise in stock performance for the past week, with a 13.39% rise in the past month, and a 16.21% rise in the past quarter. The volatility ratio for the week is 3.20%, and the volatility levels for the past 30 days are at 2.87% for RNG. The simple moving average for the past 20 days is 7.83% for RNG’s stock, with a -4.86% simple moving average for the past 200 days.
Analysts’ Opinion of RNG
Needham, on the other hand, stated in their research note that they expect to see RNG reach a price target of $36. The rating they have provided for RNG stocks is “Buy” according to the report published on May 09th, 2025.
Barclays gave a rating of “Equal Weight” to RNG, setting the target price at $37 in the report published on January 27th of the current year.
RNG Trading at 10.52% 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 -30.15% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RNG starting from Arora Tarun, who sale 7,776 shares at the price of $28.00 back on Jun 27 ’25. After this action, Arora Tarun now owns 114,497 shares of RingCentral Inc, valued at $217,730 using the latest closing price.
Makagon Kira, the President and COO of RingCentral Inc, sale 21,185 shares at $27.69 during a trade that took place back on Jun 27 ’25, which means that Makagon Kira is holding 413,131 shares at $586,570 based on the most recent closing price.
Stock Fundamentals for RNG
Current profitability levels for the company are sitting at:
- 0.01 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 0.06.
Based on RingCentral Inc (RNG), the company’s capital structure generated 1.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at -2.6. The interest coverage ratio of the stock is 0.39.
Currently, EBITDA for the company is 240.38 million with net debt to EBITDA at 4.72. When we switch over and look at the enterprise to sales, we see a ratio of 1.61. The receivables turnover for the company is 6.37for trailing twelve months and the total asset turnover is 1.49. 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 better 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.
