Shares of RESAAS Services Inc. (CVE:RSS – Get Free Report) dropped 6.7% on Thursday. The company traded as low as C$0.61 and last traded at C$0.62. Approximately 134,000 shares changed hands during trading, an increase of 298% from the average session volume of 33,654 shares. The stock had previously closed at C$0.67.
RESAAS Services Stock Down 6.7%
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 stock has a market capitalization of C$52.52 million, a P/E ratio of -25.87 and a beta of -1.34. The firm has a 50-day simple moving average of C$0.48 and a 200 day simple moving average of C$0.46.
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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