Ryan Jacob Smith Sells 10,752 Shares of Real Matters Inc. (TSE:REAL) Stock

Real Matters Inc. (TSE:REAL) Senior Officer Ryan Jacob Smith sold 10,752 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of C$5.76, for a total value of C$61,931.52.

Real Matters Stock Performance

TSE REAL opened at C$6.25 on Friday. The firm’s fifty day moving average price is C$6.70 and its two-hundred day moving average price is C$7.31. Real Matters Inc. has a 1 year low of C$4.95 and a 1 year high of C$9.46. The firm has a market capitalization of C$458.94 million, a P/E ratio of 156.25, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86. The company has a current ratio of 4.77, a quick ratio of 3.75 and a debt-to-equity ratio of 2.92.

Wall Street Analysts Forecast Growth

Several research firms have commented on REAL. Canaccord Genuity Group cut their target price on Real Matters from C$10.00 to C$8.50 in a research note on Friday, November 22nd. National Bankshares increased their target price 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 decreased their target price on shares of Real Matters from C$10.50 to C$9.00 in a research report on Friday, November 22nd. BMO Capital Markets cut their price target on shares of Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Finally, Cormark decreased their price objective on Real Matters from C$8.75 to C$7.50 in a report on Thursday, January 30th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$8.64.

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.