Insider Selling: Real Matters Inc. (TSE:REAL) Senior Officer Sells 91,703 Shares of Stock

Real Matters Inc. (TSE:REAL) Senior Officer Ryan Jacob Smith sold 91,703 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total transaction of C$747,351.94.

Real Matters Stock Performance

Shares of REAL stock opened at C$8.16 on Tuesday. The stock has a market capitalization of C$599.19 million, a PE ratio of 204.00, 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. Real Matters Inc. has a 52 week low of C$4.43 and a 52 week high of C$8.23. The firm has a 50 day moving average of C$7.24 and a two-hundred day moving average of C$6.34.

Wall Street Analysts Forecast Growth

Several analysts have commented on REAL shares. ATB Capital increased their price target on shares of 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. TD Securities lifted their price objective on shares of Real Matters from C$7.00 to C$8.50 in a research note on Friday, August 2nd. BMO Capital Markets upped their price objective on shares of Real Matters from C$6.50 to C$7.50 and gave the company a “market perform” rating in a report on Friday, August 2nd. National Bankshares cut Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price target for the company. in a research report on Friday, August 2nd. Finally, Canaccord Genuity Group upped their price target on Real Matters from C$7.00 to C$8.75 and gave the stock a “buy” rating in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.38.

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.