Insider Selling: Real Matters Inc. (TSE:REAL) Director Sells C$249,855.30 in Stock

Real Matters Inc. (TSE:REAL) Director Loren Cooke sold 28,719 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$8.70, for a total transaction of C$249,855.30. Following the sale, the director now owns 114 shares of the company’s stock, valued at approximately C$991.80.

Real Matters Stock Performance

REAL stock opened at C$9.15 on Friday. The company has a market capitalization of C$671.88 million, a P/E ratio of 228.75, a PEG ratio of -59.18 and a beta of 0.83. The company has a 50-day simple moving average of C$7.54 and a 200 day simple moving average of C$6.46. Real Matters Inc. has a fifty-two week low of C$4.43 and a fifty-two week high of C$9.46. The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92.

Wall Street Analyst Weigh In

Several research firms have weighed in on REAL. Cormark boosted their target price on shares of Real Matters from C$8.00 to C$8.75 in a research note on Monday, September 23rd. BMO Capital Markets boosted their price target 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. Canaccord Genuity Group boosted their price target on shares of Real Matters from C$8.75 to C$10.00 and gave the company a “buy” rating in a report on Wednesday. ATB Capital boosted 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. Finally, National Bankshares downgraded shares of Real Matters from an “outperform” rating to a “sector perform” rating and set a C$8.00 price target for the company. in a report on Friday, August 2nd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$8.96.

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.