RESAAS Services (CVE:RSS) Sets New 1-Year High – Still a Buy?

RESAAS Services Inc. (CVE:RSSGet Free Report) shares hit a new 52-week high on Thursday . The company traded as high as C$0.59 and last traded at C$0.57, with a volume of 92854 shares trading hands. The stock had previously closed at C$0.51.

RESAAS Services Stock Up 9.8%

The business’s 50 day moving average price is C$0.41 and its 200-day moving average price is C$0.44. The company has a debt-to-equity ratio of 5.62, a quick ratio of 0.74 and a current ratio of 3.22. The firm has a market capitalization of C$47.06 million, a PE ratio of -25.87 and a beta of -1.34.

About RESAAS Services

(Get Free Report)

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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