RESAAS Services (CVE:RSS) Trading Down 1.3% – Should You Sell?

RESAAS Services Inc. (CVE:RSS)’s stock price fell 1.3% during trading on Friday . The company traded as low as C$0.39 and last traded at C$0.39. Approximately 3,500 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 28,144 shares. The stock had previously closed at C$0.40.

RESAAS Services Stock Down 1.3%

The company has a current ratio of 0.10, a quick ratio of 0.74 and a debt-to-equity ratio of -89.66. The stock has a 50 day simple moving average of C$0.40 and a 200 day simple moving average of C$0.44. The firm has a market capitalization of C$32.77 million, a PE ratio of -25.87 and a beta of -1.13.

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.