RESAAS Services (CVE:RSS) Shares Down 7% – Here’s What Happened

RESAAS Services Inc. (CVE:RSSGet Free Report) shares were down 7% during trading on Tuesday . The stock traded as low as C$0.33 and last traded at C$0.33. Approximately 6,750 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 31,565 shares. The stock had previously closed at C$0.36.

RESAAS Services Stock Down 7.0 %

The company has a quick ratio of 0.74, a current ratio of 0.20 and a debt-to-equity ratio of 78.85. The company’s fifty day simple moving average is C$0.33 and its 200 day simple moving average is C$0.32. The firm has a market capitalization of C$26.40 million, a PE ratio of -16.50 and a beta of 1.12.

About RESAAS Services

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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.

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