RESAAS Services (CVE:RSS) Hits New 12-Month High – Time to Buy?

RESAAS Services Inc. (CVE:RSS)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.55 and last traded at C$0.51, with a volume of 43843 shares changing hands. The stock had previously closed at C$0.51.

RESAAS Services Trading Up 2.0%

The company has a quick ratio of 0.74, a current ratio of 0.09 and a debt-to-equity ratio of -85.26. The stock’s 50 day moving average price is C$0.45 and its 200-day moving average price is C$0.41. The stock has a market capitalization of C$41.62 million, a P/E ratio of -25.87 and a beta of -0.70.

RESAAS Services Company Profile

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.