Real Matters (TSE:REAL) Shares Down 2.1% – Should You Sell?

Real Matters Inc. (TSE:REAL) fell 2.1% during trading on Monday . The company traded as low as C$6.47 and last traded at C$6.50. 18,031 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 40,568 shares. The stock had previously closed at C$6.64.

Analyst Ratings Changes

A number of equities research analysts have issued reports on REAL shares. Canaccord Genuity Group cut their price objective on shares of Real Matters from C$10.00 to C$8.50 in a report on Friday, November 22nd. Raymond James decreased their price target on shares of Real Matters from C$10.50 to C$9.00 in a research note on Friday, November 22nd. BMO Capital Markets cut their price objective on Real Matters from C$7.50 to C$7.00 in a research report on Friday, November 22nd. Cormark lifted their target price on Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Finally, National Bankshares increased their price target 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$8.82.

Real Matters Trading Down 2.1 %

The company has a quick ratio of 3.75, a current ratio of 4.77 and a debt-to-equity ratio of 2.92. The stock’s 50 day moving average is C$6.86 and its two-hundred day moving average is C$7.27. The company has a market capitalization of C$477.30 million, a PE ratio of 162.50, a price-to-earnings-growth ratio of -59.18 and a beta of 0.86.

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.