RESAAS Services Inc. (CVE:RSS)’s share price traded up 31.6% during trading on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. 105,810 shares traded hands during mid-day trading, an increase of 161% from the average session volume of 40,503 shares. The stock had previously closed at C$0.19.
Separately, Fundamental Research dropped their price target on shares of RESAAS Services from C$0.67 to C$0.50 and set a “buy” rating for the company in a research note on Thursday, May 9th.
The company has a debt-to-equity ratio of 1.12, a quick ratio of 2.08 and a current ratio of 2.14. The company has a market capitalization of $10.72 million and a P/E ratio of -1.89.
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RESAAS Services Company Profile (CVE:RSS)
RESAAS Services Inc develops cloud-based social business platform for the real estate services industry in Canada. It offers professional social networking platform and a suite of tools, which integrate with the platform, including an enterprise social network, a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, and advertising engine.
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