Insider Selling: Real Matters Inc. (TSE:REAL) Senior Officer Sells C$747,351.94 in Stock

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

Real Matters Price Performance

REAL stock opened at C$8.33 on Thursday. The firm has a 50-day moving average of C$7.28 and a 200 day moving average of C$6.36. 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$611.67 million, a P/E ratio of 208.25, a PEG ratio of -59.18 and a beta of 0.83. Real Matters Inc. has a 1 year low of C$4.43 and a 1 year high of C$8.44.

Wall Street Analyst Weigh In

REAL has been the subject of several analyst reports. BMO Capital Markets increased their target price on 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. Canaccord Genuity Group raised their target price on shares of 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 upped 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 report on Friday, August 2nd. TD Securities increased their price target on shares of Real Matters from C$7.00 to C$8.50 in a research report on Friday, August 2nd. Finally, National Bankshares cut shares of Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price objective on the stock. in a research report on Friday, August 2nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.