Real Matters Inc. (TSE:REAL) Given Average Recommendation of "Moderate Buy" by Brokerages

Real Matters Inc. (TSE:REAL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$8.82.

Several research analysts have commented on the stock. BMO Capital Markets decreased their price target on shares of Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. National Bankshares raised their target price on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Cormark upped their price target on shares of Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Canaccord Genuity Group reduced their price objective on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Finally, TD Securities boosted their price target on Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd.

Insider Buying and Selling

In other news, Director Frank Vincent Mcmahon sold 33,451 shares of the business's stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total transaction of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the firm's stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. Over the last 90 days, insiders have sold 182,112 shares of company stock worth $1,541,016. 5.17% of the stock is owned by insiders.

Real Matters Stock Performance

Real Matters stock traded up C$0.03 during midday trading on Wednesday, reaching C$6.63. 35,867 shares of the company's stock were exchanged, compared to its average volume of 71,926. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77. Real Matters has a 52 week low of C$4.95 and a 52 week high of C$9.46. The firm has a market cap of C$486.84 million, a price-to-earnings ratio of 165.00, a P/E/G ratio of -59.18 and a beta of 0.86. The stock's 50-day simple moving average is C$7.99 and its 200 day simple moving average is C$7.03.

Real Matters Company Profile

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.