Research Solutions (OTCMKTS:RSSS) released its quarterly earnings data on Wednesday. The industrial products company reported ($0.03) EPS for the quarter, Bloomberg Earnings reports. Research Solutions had a negative net margin of 8.63% and a negative return on equity of 68.88%.
Shares of Research Solutions (OTCMKTS RSSS) traded down $0.03 during trading hours on Wednesday, hitting $1.10. The company had a trading volume of 3,300 shares, compared to its average volume of 11,705. The stock has a market capitalization of $26.55, a PE ratio of -7.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.58 and a current ratio of 1.58. Research Solutions has a one year low of $0.66 and a one year high of $1.33.
In related news, major shareholder 12 West Capital Management Lp sold 730,000 shares of Research Solutions stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $1.19, for a total transaction of $868,700.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 27.90% of the stock is owned by insiders.
Research Solutions, Inc is a holding company. The Company provides a cloud based software-as-a-service (SaaS) research platform, which allows on-demand access to scientific, technical, and medical (STM) information for life science companies, academic institutions, and other research-intensive organizations.
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