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

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

Real Matters Stock Down 0.7 %

Real Matters stock traded down C$0.06 during midday trading on Friday, reaching C$9.00. The company’s stock had a trading volume of 28,107 shares, compared to its average volume of 68,241. The company has a market cap of C$660.87 million, a P/E ratio of 226.50, a P/E/G ratio of -59.18 and a beta of 0.83. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. The business has a 50-day simple moving average of C$7.54 and a 200-day simple moving average of C$6.46. Real Matters Inc. has a fifty-two week low of C$4.43 and a fifty-two week high of C$9.46.

Analysts Set New Price Targets

REAL has been the topic of a number of research reports. BMO Capital Markets increased their target price on shares of Real Matters from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a report on Friday, August 2nd. ATB Capital increased their price objective on Real Matters from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. TD Securities boosted their target price on Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. Cormark increased their price target on Real Matters from C$8.00 to C$8.75 in a research report on Monday. Finally, National Bankshares downgraded Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price objective for the company. in a research report on Friday, August 2nd. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Real Matters has an average rating of “Moderate Buy” and an average 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.