RESAAS Services (RSS) Trading 31.6% Higher

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.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by Enterprise Leader and is the property of of Enterprise Leader. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://theenterpriseleader.com/2019/05/25/resaas-services-rss-trading-31-6-higher.html.

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.

Featured Article: What is a Reverse Stock Split?

Receive News & Ratings for RESAAS Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RESAAS Services and related companies with MarketBeat.com's FREE daily email newsletter.