Kay Brekken Acquires 7,870 Shares of Real Matters Inc. (TSE:REAL) Stock

Real Matters Inc. (TSE:REAL) Director Kay Brekken purchased 7,870 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average price of C$6.10 per share, with a total value of C$48,004.64.

Kay Brekken also recently made the following trade(s):

• On Tuesday, December 24th, Kay Brekken purchased 200 shares of Real Matters stock. The shares were purchased at an average price of C$6.45 per share, with a total value of C$1,290.00.

Real Matters Price Performance

Shares of REAL stock opened at C$6.17 on Wednesday. Real Matters Inc. has a 52-week low of C$4.95 and a 52-week high of C$9.46. The company has a debt-to-equity ratio of 2.92, a quick ratio of 3.75 and a current ratio of 4.77. The firm has a market capitalization of C$453.06 million, a P/E ratio of 154.25, a P/E/G ratio of -59.18 and a beta of 0.86. The stock has a 50 day moving average price of C$6.71 and a 200 day moving average price of C$7.31.

Analyst Ratings Changes

REAL has been the subject of several research analyst reports. Canaccord Genuity Group cut their price target on Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. National Bankshares raised their price objective on Real Matters from C$8.00 to C$9.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. BMO Capital Markets lowered their price objective on Real Matters from C$7.50 to C$7.00 in a research note on Friday, November 22nd. Cormark lowered their price objective on Real Matters from C$8.75 to C$7.50 in a research note on Thursday, January 30th. Finally, Raymond James lowered their price objective on Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$8.64.

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.