Real Matters (TSE:REAL) Stock Price Down 0.7%

Real Matters Inc. (TSE:REAL) fell 0.7% during trading on Monday . The stock traded as low as C$5.70 and last traded at C$5.79. 144,755 shares were traded during mid-day trading, an increase of 145% from the average session volume of 59,169 shares. The stock had previously closed at C$5.83.

Wall Street Analysts Forecast Growth

REAL has been the subject of a number of recent research reports. Canaccord Genuity Group boosted their price objective on Real Matters from C$5.25 to C$6.50 and gave the company a “hold” rating in a research note on Friday, February 2nd. BMO Capital Markets upped their price target on shares of Real Matters from C$5.50 to C$7.00 and gave the stock a “market perform” rating in a research report on Friday, February 2nd. ATB Capital raised their price objective on shares of Real Matters from C$9.00 to C$10.00 and gave the company an “outperform” rating in a research report on Friday, February 2nd. Finally, TD Securities upped their target price on shares of Real Matters from C$6.00 to C$7.00 and gave the stock a “hold” rating in a report on Friday, February 2nd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of C$7.36.

Real Matters Stock Down 0.7 %

The company has a debt-to-equity ratio of 3.26, a current ratio of 5.03 and a quick ratio of 3.75. The company has a 50-day simple moving average of C$6.19 and a 200-day simple moving average of C$5.96. The firm has a market cap of C$423.02 million, a PE ratio of -57.90, a price-to-earnings-growth ratio of -59.18 and a beta of 0.69.

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.