Research Solutions (RSSS) Set to Announce Earnings on Thursday

Research Solutions (NASDAQ:RSSS) is set to issue its quarterly earnings data after the market closes on Thursday, September 23rd. Persons interested in registering for the company’s earnings conference call can do so using this link.

NASDAQ RSSS opened at $2.55 on Tuesday. The company has a 50-day moving average price of $2.67 and a 200-day moving average price of $2.49. Research Solutions has a 52 week low of $1.87 and a 52 week high of $3.26. The firm has a market capitalization of $67.20 million, a P/E ratio of -255.00 and a beta of 0.43.

In related news, Chairman Peter Derycz sold 9,005 shares of the company’s stock in a transaction on Monday, July 12th. The shares were sold at an average price of $3.03, for a total value of $27,285.15. Following the completion of the transaction, the chairman now owns 3,487,116 shares of the company’s stock, valued at approximately $10,565,961.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 264,189 shares of company stock worth $788,750 over the last 90 days. Insiders own 28.70% of the company’s stock.

Several research analysts have weighed in on RSSS shares. Maxim Group assumed coverage on shares of Research Solutions in a research report on Friday, June 18th. They issued a “buy” rating and a $6.00 price target on the stock. Roth Capital assumed coverage on Research Solutions in a research report on Wednesday, June 30th. They issued a “buy” rating and a $4.35 price target for the company.

Research Solutions Company Profile

Research Solutions, Inc is a holding company, which engages in the provision of information technology. Its services include Platforms and Transactions. The Platform service offers annual licenses that allow customers to access and utilize certain premium features of cloud based software-as-a-service research intelligence platform.

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Earnings History for Research Solutions (NASDAQ:RSSS)

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