Real Matters (TSE:REAL) Shares Down 2.1% – What’s Next?

Real Matters Inc. (TSE:REAL)’s stock price dropped 2.1% during trading on Monday . The company traded as low as C$6.47 and last traded at C$6.50. Approximately 18,031 shares traded hands during trading, a decline of 56% from the average daily volume of 40,568 shares. The stock had previously closed at C$6.64.

Analyst Upgrades and Downgrades

Several research firms have issued reports on REAL. National Bankshares lifted their price target on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Raymond James dropped their target price on Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. BMO Capital Markets decreased their price target on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Cormark raised their price target on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Finally, Canaccord Genuity Group cut their price objective on shares of Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Real Matters has a consensus rating of “Moderate Buy” and a consensus price target of C$8.82.

Real Matters Stock Down 2.1 %

The firm has a market capitalization of C$477.30 million, a price-to-earnings ratio of 162.50, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. The business has a fifty day moving average price of C$6.86 and a two-hundred day moving average price of C$7.27.

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.