Real Matters (TSE:REAL) Hits New 1-Year High at $7.45

Shares of Real Matters Inc. (TSE:REAL) reached a new 52-week high on Tuesday . The company traded as high as C$7.45 and last traded at C$7.55, with a volume of 21506 shares. The stock had previously closed at C$7.38.

Wall Street Analyst Weigh In

REAL has been the topic of a number of recent analyst reports. BMO Capital Markets boosted their target price on 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. Canaccord Genuity Group boosted their target price 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. ATB Capital boosted their target price on Real Matters from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. TD Securities boosted their target price on Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Finally, National Bankshares lowered Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price objective on the stock. in a report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$8.38.

Real Matters Trading Up 3.4 %

The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92. The firm has a market capitalization of C$560.27 million, a P/E ratio of 187.50, a P/E/G ratio of -59.18 and a beta of 0.82. The firm has a 50-day moving average of C$6.70 and a two-hundred day moving average of C$6.20.

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.