RESAAS Services (CVE:RSS) Stock Price Down 6.7% – Should You Sell?

RESAAS Services Inc. (CVE:RSS – Get Free Report)’s share price traded down 6.7% during mid-day trading on Thursday. The stock traded as low as C$0.61 and last traded at C$0.62. 134,000 shares were traded during trading, an increase of 298% from the average session volume of 33,654 shares. The stock had previously closed at C$0.67.

RESAAS Services Stock Performance

The firm has a market cap of C$52.52 million, a P/E ratio of -25.87 and a beta of -1.34. The company has a debt-to-equity ratio of 25.10, a quick ratio of 0.74 and a current ratio of 3.22. The company’s 50 day moving average is C$0.48 and its 200 day moving average is C$0.46.

About RESAAS Services

(Get Free Report)

RESAAS Services Inc engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine. Its solutions include RealTimeMLS, a real-time listing solution and communication platform designed for real estate associations and multiple listing services (MLSs); and BrokerOS, an online communication hub that ensures agents open, read, and respond to the emails and messages sent to them by users.

Further Reading

Receive News & Ratings for RESAAS Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RESAAS Services and related companies with MarketBeat.com's FREE daily email newsletter.