Real Matters (TSE:REAL) Shares Up 1.1%

Shares of Real Matters Inc. (TSE:REAL) shot up 1.1% on Thursday . The company traded as high as C$6.31 and last traded at C$6.27. 28,900 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 55,193 shares. The stock had previously closed at C$6.20.

Analyst Ratings Changes

A number of brokerages recently weighed in on REAL. Canaccord Genuity Group upgraded shares of Real Matters from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$6.50 to C$7.00 in a report on Wednesday, May 8th. BMO Capital Markets dropped their price objective on shares of Real Matters from C$7.00 to C$6.50 in a report on Wednesday, May 8th. National Bankshares upgraded shares of Real Matters from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from C$6.50 to C$7.00 in a research note on Wednesday, May 8th. Finally, TD Securities upgraded shares of Real Matters from a “hold” rating to a “buy” rating and set a C$7.00 price target for the company in a research note on Wednesday, May 8th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Real Matters presently has a consensus rating of “Moderate Buy” and a consensus target price of C$7.43.

Real Matters Stock Up 0.2 %

The company has a debt-to-equity ratio of 3.29, a quick ratio of 3.75 and a current ratio of 4.28. The firm’s 50-day moving average is C$5.73 and its 200 day moving average is C$6.05. The firm has a market capitalization of C$458.82 million, a PE ratio of -59.30, a price-to-earnings-growth ratio of -59.18 and a beta of 0.71.

Insider Buying and Selling

In other news, Director Karen Lynne Martin bought 8,000 shares of Real Matters stock in a transaction on Friday, May 17th. The shares were bought at an average cost of C$5.94 per share, for a total transaction of C$47,514.40. Insiders own 4.55% of the company’s stock.

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.