Research Solutions Inc (NASDAQ: RSSS) Recovers 65.97% From 52-Week Low, Is RSSS Still A High-Risk, High-Reward Play?

Research Solutions Inc (NASDAQ:RSSS) currently has a daily average trading volume of 142.47K but it saw 75104 shares traded in last market. With a market cap of 129.64M USD, the company’s current market price of $3.95 came falling about -2.47 while comparing to the previous closing price of $4.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.24 and as low as $2.38. In the recent trading on the day, stock has struck highest price mark of $3.86 while lowest mark touched by it was $4.027.

Taking a look at 20-day trading activity of Research Solutions Inc (RSSS) gives us an average price of $4.00, while its current price level is -6.91% below from 52-week high level whereas it is 65.97% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.43 while that of 200 days or SMA-200 reads an average of $2.93. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.24% during that period while stretching the period over a month that increases to 5.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.23 which implies that the stock is in neutral territory.

Over the week, RSSS’s stock price is moving -4.82% down while it is 4.50% when we observe its performance for the past one month. Year-to-date it is -4.82% down and over the past year, the stock is showing an upside performance of 36.68%.

Currently, Research Solutions Inc’s total number of outstanding shares is 32.51M. Company’s return on investment (ROI) stands at -16.69% and return on equity (ROE) at -21.68%. It has a 22.57 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 10.07 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is -6.55% on average.