Resaas Services Stock Today

RSS Stock  CAD 0.34  0.01  2.86%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Over 67

 
High
 
Low
Quite High
Resaas Services is selling for under 0.34 as of the 24th of June 2024; that is -2.86 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.32. Resaas Services has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Resaas Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2024 and ending today, the 24th of June 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
RESAAS Services Inc. develops cloud-based social business platform for the real estate services industry. RESAAS Services Inc. is a subsidiary of The Canadian Depository for Securities Limited. RESAAS SERVICES operates under Software - Application classification in Canada and is traded on TSX Venture Exchange.. The company has 79.96 M outstanding shares of which 337 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. More on Resaas Services

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Resaas Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Resaas Services' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Resaas Services or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorThomas Rossiter
Business ConcentrationApplication Software, Software - Application, Information Technology, Information Technology, Software, Software - Application, Technology (View all Sectors)
Resaas Services' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Resaas Services' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Resaas Services can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Resaas Services' financial leverage. It provides some insight into what part of Resaas Services' total assets is financed by creditors.
Liquidity
Resaas Services cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Resaas Services has accumulated 477.18 K in total debt with debt to equity ratio (D/E) of 24.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Resaas Services has a current ratio of 1.4, which is within standard range for the sector. Debt can assist Resaas Services until it has trouble settling it off, either with new capital or with free cash flow. So, Resaas Services' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Resaas Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Resaas to invest in growth at high rates of return. When we think about Resaas Services' use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

(45,310.86)
Resaas Services (RSS) is traded on TSX Venture Exchange in Canada and employs 5 people. Resaas Services is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Resaas Services's market, we take the total number of its shares issued and multiply it by Resaas Services's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Resaas Services classifies itself under Software sector and is part of Information Technology industry. The entity has 79.96 M outstanding shares of which 337 shares are at this time shorted by private and institutional investors with about 0.01 days to cover all short positions. Resaas Services has accumulated about 736.31 K in cash with (995.55 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Resaas Services Probability Of Bankruptcy
Ownership Allocation
Resaas Services has a total of 79.96 Million outstanding shares. Resaas Services has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Resaas Ownership Details

Resaas Services Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Resaas Services market risk premium is the additional return an investor will receive from holding Resaas Services long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Resaas Services. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Resaas Services' alpha and beta are two of the key measurements used to evaluate Resaas Services' performance over the market, the standard measures of volatility play an important role as well.

Resaas Stock Against Markets

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Additional Tools for Resaas Stock Analysis

When running Resaas Services' price analysis, check to measure Resaas Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Resaas Services is operating at the current time. Most of Resaas Services' value examination focuses on studying past and present price action to predict the probability of Resaas Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Resaas Services' price. Additionally, you may evaluate how the addition of Resaas Services to your portfolios can decrease your overall portfolio volatility.