Zacks Investment Research cut shares of Resaas Services, Inc. (NASDAQ:RSASF) from a hold rating to a sell rating in a research note issued to investors on Friday.

According to Zacks, “Resaas Services Inc. engages in the provision of design, development and commercialization of online platforms. The company developed a cloud-based social business software platform for the real estate services industry. Resaas Services Inc. is headquartered in Vancouver, Canada. “

Resaas Services (NASDAQ RSASF) traded down 4.11% on Friday, reaching $0.70. The company’s stock had a trading volume of 4,300 shares. Resaas Services has a 52 week low of $0.70 and a 52 week high of $1.54. The stock’s 50 day moving average is $0.77 and its 200-day moving average is $0.98. The firm’s market capitalization is $25.86 million.

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