Insider Buying: Real Matters Inc. (TSE:REAL) Director Acquires 7,870 Shares of Stock

Real Matters Inc. (TSE:REAL) Director Kay Brekken bought 7,870 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average cost of C$6.10 per share, with a total value of C$48,004.64.

Kay Brekken also recently made the following trade(s):

• On Tuesday, December 24th, Kay Brekken bought 200 shares of Real Matters stock. The shares were purchased at an average cost of C$6.45 per share, with a total value of C$1,290.00.

Real Matters Stock Up 3.0 %

Shares of REAL stock opened at C$6.17 on Wednesday. Real Matters Inc. has a 1-year low of C$4.95 and a 1-year high of C$9.46. The stock’s fifty day moving average price is C$6.71 and its 200 day moving average price is C$7.31. 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 company has a market cap of C$453.06 million, a price-to-earnings ratio of 154.25, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on REAL shares. National Bankshares lifted their target price on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Canaccord Genuity Group cut their price target on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Cormark cut their price target on Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th. Raymond James cut their price target on Real Matters from C$10.50 to C$9.00 in a report on Friday, November 22nd. Finally, BMO Capital Markets cut their price target on Real Matters from C$7.50 to C$7.00 in a report on Friday, November 22nd. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$8.64.

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.