RESAAS Services (CVE:RSS) Shares Down 1.1% – Should You Sell?

Shares of RESAAS Services Inc. (CVE:RSSGet Free Report) fell 1.1% on Monday . The company traded as low as C$0.42 and last traded at C$0.43. Approximately 8,670 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 28,908 shares. The stock had previously closed at C$0.43.

RESAAS Services Price Performance

The stock’s 50 day simple moving average is C$0.48 and its 200 day simple moving average is C$0.44. The company has a debt-to-equity ratio of -89.66, a quick ratio of 0.74 and a current ratio of 0.10. The firm has a market capitalization of C$36.14 million, a P/E ratio of -25.87 and a beta of -1.21.

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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