RESAAS Services (CVE:RSS) Stock Price Down 5.1% – Here’s Why

RESAAS Services Inc. (CVE:RSS – Get Free Report) traded down 5.1% during mid-day trading on Thursday. The company traded as low as C$0.55 and last traded at C$0.56. Approximately 94,592 shares were traded during trading, an increase of 177% from the average daily volume of 34,173 shares. The stock had previously closed at C$0.59.

RESAAS Services Stock Performance

The company has a debt-to-equity ratio of 25.10, a current ratio of 3.22 and a quick ratio of 0.74. The company has a market capitalization of C$47.06 million, a PE ratio of -25.87 and a beta of 0.36. The firm’s fifty day simple moving average is C$0.55 and its 200 day simple moving average is C$0.48.

RESAAS Services Company Profile

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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.

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