Insider Selling: Real Matters Inc. (TSE:REAL) Director Sells C$309,425.10 in Stock

Real Matters Inc. (TSE:REAL) Director Frank Vincent Mcmahon sold 33,451 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of C$9.25, for a total value of C$309,425.10.

Real Matters Stock Performance

Shares of Real Matters stock opened at C$9.27 on Thursday. The company has a market capitalization of C$680.70 million, a PE ratio of 231.75, a P/E/G ratio of -59.18 and a beta of 0.83. The company has a 50-day simple moving average of C$7.73 and a two-hundred day simple moving average of C$6.55. Real Matters Inc. has a one year low of C$4.43 and a one year high of C$9.46. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77.

Analyst Upgrades and Downgrades

REAL has been the subject of a number of research analyst reports. National Bankshares lowered Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 target price for the company. in a research report on Friday, August 2nd. ATB Capital upped their price objective on shares of Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Cormark raised their target price on shares of Real Matters from C$8.00 to C$8.75 in a research report on Monday, September 23rd. TD Securities boosted their price target on shares of Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Finally, Canaccord Genuity Group increased their price objective on shares of Real Matters from C$8.75 to C$10.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.96.

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.