Real Matters Inc. (TSE:REAL) Receives Average Rating of “Moderate Buy” from Brokerages

Real Matters Inc. (TSE:REAL) has earned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$8.64.

Several research firms have recently weighed in on REAL. Cormark lowered their price objective on shares of Real Matters from C$8.75 to C$7.50 in a research note on Thursday, January 30th. Raymond James lowered their price objective on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. BMO Capital Markets lowered their price objective on shares of Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group lowered their price objective on shares of Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd.

Insider Buying and Selling at Real Matters

In other news, Senior Officer Ryan Jacob Smith sold 10,752 shares of the company’s stock in a transaction 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. Also, Director Kay Brekken bought 7,870 shares of Real Matters stock in a transaction dated Monday, February 3rd. The stock was purchased at an average price of C$6.10 per share, with a total value of C$48,004.64. 5.17% of the stock is currently owned by company insiders.

Real Matters Stock Performance

TSE:REAL opened at C$5.61 on Friday. The company has a fifty day moving average of C$6.30 and a 200-day moving average of C$7.15. The firm has a market capitalization of C$288.62 million, a P/E ratio of 56.19, a P/E/G ratio of -59.18 and a beta of 0.86. The company has a quick ratio of 3.75, a current ratio of 4.68 and a debt-to-equity ratio of 2.27. Real Matters has a twelve month low of C$4.95 and a twelve month high of C$9.46.

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.