Real Matters (TSE:REAL) Trading 14.6% Higher – Time to Buy?

Real Matters Inc. (TSE:REAL) shares traded up 14.6% during trading on Monday . The company traded as high as C$7.22 and last traded at C$7.13. 106,734 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 124,444 shares. The stock had previously closed at C$6.22.

Analyst Ratings Changes

A number of research firms have weighed in on REAL. BMO Capital Markets raised their price target on Real Matters from C$6.00 to C$7.00 in a research note on Monday, November 24th. National Bankshares increased their price target on shares of Real Matters from C$5.75 to C$7.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$8.75.

Real Matters Trading Up 1.3%

The firm has a 50 day moving average of C$6.34 and a 200 day moving average of C$6.51. The firm has a market cap of C$528.92 million, a PE ratio of -18.26, a P/E/G ratio of -59.18 and a beta of 1.26. 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 (TSE:REAL) last posted its quarterly earnings data on Thursday, January 29th. The company reported C($0.07) earnings per share (EPS) for the quarter. The business had revenue of C$63.87 million for the quarter. Real Matters had a net margin of 3.31% and a return on equity of 5.23%. Equities analysts anticipate that Real Matters Inc. will post 0.1956803 earnings per share for the current year.

Real Matters Company Profile

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company’s platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.