RESAAS Services (CVE:RSS) Sets New 52-Week High – Here’s Why

RESAAS Services Inc. (CVE:RSS) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.55 and last traded at C$0.53, with a volume of 13491 shares trading hands. The stock had previously closed at C$0.50.

RESAAS Services Stock Down 2.0%

The company has a quick ratio of 0.74, a current ratio of 0.07 and a debt-to-equity ratio of -1.15. The firm’s 50-day moving average price is C$0.45 and its 200 day moving average price is C$0.42. The firm has a market cap of C$39.22 million, a P/E ratio of -25.87 and a beta of -0.85.

About RESAAS Services

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.