RESAAS Services Inc. (CVE:RSS – Get Free Report)’s share price dropped 5.1% during mid-day trading on Thursday. The company traded as low as C$0.55 and last traded at C$0.56. 94,592 shares were traded during mid-day trading, an increase of 177% from the average session volume of 34,173 shares. The stock had previously closed at C$0.59.
RESAAS Services Stock Down 5.4%
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 firm’s 50-day moving average is C$0.55 and its 200 day moving average is C$0.48. The stock has a market cap of C$44.54 million, a price-to-earnings ratio of -25.87 and a beta of 0.36.
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.
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