Shares of RESAAS Services Inc. (CVE:RSS – Get Free Report) fell 6.7% during trading on Thursday. The company traded as low as C$0.61 and last traded at C$0.62. 134,000 shares traded hands during trading, an increase of 298% from the average daily volume of 33,654 shares. The stock had previously closed at C$0.67.
RESAAS Services Price Performance
The company has a 50 day moving average price of C$0.49 and a 200-day moving average price of C$0.46. The company has a quick ratio of 0.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.10. The company has a market cap of C$52.94 million, a price-to-earnings ratio of -25.87 and a beta of -1.34.
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.
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