Real Matters (TSE:REAL) Trading Down 2.1% - Here's What Happened

Real Matters Inc. (TSE:REAL - Get Free Report) traded down 2.1% during mid-day trading on Friday . The company traded as low as C$5.92 and last traded at C$5.92. 290,096 shares were traded during mid-day trading, an increase of 330% from the average session volume of 67,542 shares. The stock had previously closed at C$6.05.

Analyst Ratings Changes

Separately, Cormark decreased their target price on shares of Real Matters from C$8.75 to C$7.50 in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, Real Matters presently has an average rating of "Moderate Buy" and an average price target of C$8.64.

Real Matters Price Performance

The company has a market cap of C$303.03 million, a price-to-earnings ratio of 58.99, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a current ratio of 4.68, a quick ratio of 3.75 and a debt-to-equity ratio of 2.27. The company has a fifty day moving average price of C$6.07 and a two-hundred day moving average price of C$7.00.

Insider Transactions at Real Matters

In other Real Matters news, Director Kay Brekken bought 7,870 shares of Real Matters stock in a transaction that occurred on Monday, February 3rd. The stock was acquired at an average price of C$6.10 per share, for a total transaction of C$48,004.64. Also, Senior Officer Ryan Jacob Smith sold 10,752 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of C$5.76, for a total value of C$61,931.52. 5.17% of the stock is owned by company insiders.

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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.