Real Matters Inc. (TSE:REAL) Director Acquires C$50,239.84 in Stock

Real Matters Inc. (TSE:REAL) Director Kay Brekken acquired 5,600 shares of the firm’s stock in a transaction dated Friday, September 27th. The shares were bought at an average cost of C$8.97 per share, with a total value of C$50,239.84.

Real Matters Stock Performance

TSE:REAL opened at C$9.15 on Friday. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77. The stock has a 50-day simple moving average of C$7.59 and a two-hundred day simple moving average of C$6.48. The firm has a market capitalization of C$671.88 million, a PE ratio of 228.75, a P/E/G ratio of -59.18 and a beta of 0.83. Real Matters Inc. has a 52-week low of C$4.43 and a 52-week high of C$9.46.

Analysts Set New Price Targets

A number of equities research analysts have commented on REAL shares. TD Securities lifted their target price on shares of Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. ATB Capital upped their price objective on Real Matters from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Canaccord Genuity Group raised their target price on Real Matters from C$8.75 to C$10.00 and gave the stock a “buy” rating in a research report on Wednesday. BMO Capital Markets upped their price target on shares of Real Matters from C$6.50 to C$7.50 and gave the company a “market perform” rating in a research report on Friday, August 2nd. Finally, Cormark raised their price objective on shares of Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$8.96.

About Real Matters

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.